Trian Fund Management, L.P. - Mar 23, 2022 Form 3 Insider Report for Invesco Ltd. (IVZ)

Role: 10%+ Owner
Signature: /s/Daniel R. Marx, as Attorney-In-Fact for Edward P. Garden, member of the general partner of Trian Fund Management, L.P
Stock symbol: IVZ
Transactions as of: Mar 23, 2022
Transactions value $: $0
Form type: 3
Date filed: 3/25/2022, 09:12 PM
Previous filing: Jan 19, 2022
Next filing: Mar 30, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	IVZ	Common Stock						46.1M	Mar 23, 2022	Please see explanation below	F1
holding	IVZ	Common Stock						13.6K	Mar 23, 2022	Please see explanation below	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person serves as the management company for Trian Partners AM Holdco, Ltd. ("Trian AM Holdco") and as such determines the investment and voting decisions of Trian AM Holdco with respect to the shares of the Issuer held by Trian AM Holdco. The Reporting Person disclaims beneficial ownership of such shares except to the extent of its pecuniary interests therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F2	By virtue of a fee agreement, the Reporting Person may be deemed to have shared voting power and shared dispositive power with regard to certain director shares that each of Nelson Peltz and Ed Garden directly and beneficially own and which each received in his former capacity as a director of the Issuer. The Reporting Person disclaims beneficial ownership of such shares except to the extent of its pecuniary interests therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Content

The Reporting Person serves as the management company for Trian Partners AM Holdco, Ltd. ("Trian AM Holdco") and as such determines the investment and voting decisions of Trian AM Holdco with respect to the shares of the Issuer held by Trian AM Holdco. The Reporting Person disclaims beneficial ownership of such shares except to the extent of its pecuniary interests therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

By virtue of a fee agreement, the Reporting Person may be deemed to have shared voting power and shared dispositive power with regard to certain director shares that each of Nelson Peltz and Ed Garden directly and beneficially own and which each received in his former capacity as a director of the Issuer. The Reporting Person disclaims beneficial ownership of such shares except to the extent of its pecuniary interests therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.