Gary M. Crosby - May 10, 2021 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Director
Signature
Carrie A. Benedict POA for Gary M. Crosby
Stock symbol
KEY
Transactions as of
May 10, 2021
Transactions value $
-$70,379
Form type
4
Date filed
5/12/2021, 04:49 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEY Common Shares Options Exercise +6.72K +179.33% 10.5K May 10, 2021 Direct F1
transaction KEY Common Shares Disposed to Issuer -$70.4K -3.36K -32.1% $20.94 7.11K May 10, 2021 Direct
holding KEY Common Shares 536K May 10, 2021 By Trust F2
holding KEY Common Shares 641 May 10, 2021 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KEY Deferred Shares Options Exercise -6.72K -23.92% 21.4K May 10, 2021 Common Shares 6.72K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Deferred Share was the economic equivalent of one KeyCorp Common Share. On May 10, 2021, 3,361 of the Reporting Person's Deferred Shares were settled for cash, and the remaining 3,362 Deferred Shares were settled for an equal number of KeyCorp Common Shares.
F2 These shares are held in a living trust. The reporting person is trustee of the trust.
F3 Includes approximately 1,342 dividend-equivalent Deferred Shares accrued between June 2020 and March 2021.