Trian Fund Management, L.P. - Mar 31, 2022 Form 4 Insider Report for Invesco Ltd. (IVZ)

Role: 10%+ Owner
Signature: /s/Daniel R. Marx, 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 31, 2022
Transactions value $: $86,124,929
Form type: 4
Date filed: 4/4/2022, 05:34 PM
Previous filing: Mar 30, 2022
Next filing: Jan 25, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IVZ	Common Stock	Purchase	$46.1M	+2M	+3.84%	$23.07	54M	Mar 31, 2022	Please see explanation below	F1, F2
transaction	IVZ	Common Stock	Purchase	$34.1M	+1.47M	+2.73%	$23.13	55.5M	Apr 1, 2022	Please see explanation below	F2, F3
transaction	IVZ	Common Stock	Purchase	$5.87M	+250K	+0.45%	$23.46	55.7M	Apr 4, 2022	Please see explanation below	F2, F4
holding	IVZ	Common Stock						13.6K	Mar 31, 2022	Please see explanation below	F5

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

Explanation of Responses:

Id	Content
F1	The price shown in Column 4 is a weighted average purchase price. The price range for the purchase is $22.865 to $23.16. The Reporting Persons undertake to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
F2	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.
F3	The price shown in Column 4 is a weighted average purchase price. The price range for the purchase is $22.79 to $23.31. The Reporting Persons undertake to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
F4	The price shown in Column 4 is a weighted average purchase price. The price range for the purchase is $23.01 to $23.63. The Reporting Persons undertake to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
F5	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, Chief Executive Officer and a founding partner of the Reporting Person, and Ed Garden, Chief Investment Officer and a founding partner of the Reporting Person, 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.