Devina A. Rankin - May 13, 2021 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Director
Signature
Carrie A. Benedict POA for Devina A. Rankin
Stock symbol
KEY
Transactions as of
May 13, 2021
Transactions value $
$0
Form type
4
Date filed
5/17/2021, 04:55 PM
Next filing
Jun 3, 2021

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 Award $0 +5.65K $0.00 5.65K May 13, 2021 Common Shares 5.65K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Deferred Share is the economic equivalent of one Common Share.
F2 Under the terms of KeyCorp's Directors' Deferred Share Sub-Plan of the KeyCorp 2019 Equity Compensation Plan (the "Deferred Share Plan"), the Participant will receive payment of the Deferred Shares one-half as Common Shares and one-half in cash on May 13, 2024.
F3 The Deferred Shares were awarded under the Deferred Share Plan.