SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

DONAHUE THOMAS R

(Last)

(First)

(Middle)

1001 LIBERTY AVENUE

(Street)

PITTSBURGH

15222-3779

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
FEDERATED HERMES, INC. [ FHI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP, CFO & Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	11/18/2021		A		18,500	A	$3	616,417⁽¹⁾⁽²⁾	D
Class B Common Stock								19,199⁽³⁾	I	Held indirectly by The Thomas R. and Frances L. Donahue Grantor Dynasty Trust
Class B Common Stock								421,690	I	Held indirectly by MaxFund Partners, L.P.
Class B Common Stock								72	I	Held indirectly by 401(k) Plan
Class B Common Stock								7,795	I	Held indirectly by spouse
Class B Common Stock								27,544	I	The Fran L. Donahue Grantor Trust
Class B Common Stock								37,544	I	The Thomas R. Donahue Grantor Trust
Class B Common Stock								2,000	I	Maxfund, Inc.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. On or around May 27, 2021, Comax Partners L.P. (d/b/a The Beechwood Company, L.P.) ("Comax") made a distribution of shares of Federated Hermes, Inc. Class B Common Stock ("FHI") to all of its limited partners on a pro-rata basis (the "May Distribution"). The May Distribution did not involve any public sale of shares. As a result of the May Distribution, the number of shares of FHI directly owned by the reporting person increased by 6,401 shares.

2. On or around June 17, 2021, Comax made a distribution of shares of FHI to all of its limited partners on a pro-rata basis (the "June Distribution"). The June Distribution did not involve any public sale of shares. As a result of the June Distribution, the number of shares of FHI directly owned by the reporting person increased by 59 shares.

3. As a result of the May Distribution, the number of shares of FHI owned by The Thomas R. and Frances L. Donahue Grantor Dynasty Trust (the "TR/FLD GD Trust"), in which the reporting person has an indirect interest, increased by 19,020 shares. As a result of the June Distribution, the number of shares of FHI owned by the TR/FLD GD Trust, in which the reporting person has an indirect interest, increased by a total of 176 shares. The reporting person disclaims beneficial ownership of the shares of FHI held by the TR/FLD GD Trust except to the extent of his pecuniary interest therein.

Remarks:

The Power of Attorney dated April 24, 2014 is incorporated herein by reference.

	/s/ John D. Martini (Attorney-in-Fact)	11/18/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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