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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 FORM 4 / / Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b) (Print or Type Responses) -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* Schappert Keith M. (Last) (First) (Middle) c/o Federated Investors, Inc. Federated Investors Tower (Street) Pittsburgh PA 15222-3779 (City) (State) (Zip) -------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol Federated Investors, Inc. FII -------------------------------------------------------------------------------- 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) -------------------------------------------------------------------------------- 4. Statement for Month/Year February 2002 -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) -------------------------------------------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ________ Director ________ 10% Owner ___X____ Officer (give title below) ________ Other (specify below) President and chief executive officer of Federated Global Investment Management Corp., Passport Research Limited and Federated Investment Management Company -------------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Limit) ___X__ Form filed by One Reporting Person _______ Form filed by More than One Reporting Person -------------------------------------------------------------------------------- Table I -- Non-Derivative Securities Beneficially Owned ---------------------------------------------------------------------------------------------------------------- 1. Title of 2. 3. 4. Securities Acquired 5. Amount of 6. Ownership 7. Nature Security Transaction Transaction (A) or Disposed of Securities Form: Direct of Indirect (Instr. 3) Date Code (D) (Instr. 3, 4, and Beneficially (D) or Beneficial (Mon/day/year)(Instr. 8) 5) Owned at End of Indirect (I) Ownership Month (Instr. 3 (Instr. 4) (Instr. 4) and 4) ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- Code V Amount (A) or Price (D) ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- 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). FORM 4 (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) -------------------------------------------------------------------------------------------------------------- 1. Title of 2. Conversion 3. 4. Transaction 5. Number of 6. Date Derivative Security or Exercise Transaction Code (Instr. 8) Derivative Exercisable and (Instr. 3) Price of Date Securities Expiration Date Derivative (Month/Day/Year) Acquired (A) or (Month/Day/Year) Security Disposed of (D) (Instr. 3, 4, and 5) -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- Code V (A) (D) Date ExercisableExpiration Date -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- Employee stock $32.70 2/4/2002 A V 100,000 12/31/20112/31/2012 options (right to purchase) -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- 7. Title and Amount of 8. Price of 9. Number of 10. Ownership Form of 11. Underlying Securities Derivative derivative Securities Derivative Security: Direct Nature (Instr. 3 and 4) Security Beneficially Owned at (D) or indirect (I) of (Instr. 5) End of Month (Instr. 4) (Instr. 4) Indirect Beneficial Ownership (Instr. 4) -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- Title Amount or Number of Shares -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- Class B 100,000 100,000 D Common Stock -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- Explanation of Responses: ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. /s/ Keith M. Schappert March 8, 2002 -------------------------------- ----------------------- **Signature of Reporting Person Date