Christopher M. Gorman - May 24, 2021 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role: Chairman and CEO, Director
Signature: Carrie A. Benedict POA for Christopher M. Gorman
Stock symbol: KEY
Transactions as of: May 24, 2021
Transactions value $: -$3,258,077
Form type: 4
Date filed: 5/26/2021, 05:37 PM
Next filing: Feb 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KEY	Common Shares	Options Exercise	$1.88M	+235K	+30.96%	$7.98	995K	May 24, 2021	Direct	F1
transaction	KEY	Common Shares	Sale	-$5.14M	-223K	-22.38%	$23.06	772K	May 24, 2021	Direct	F2, F3
holding	KEY	Common Shares						4.16K	May 24, 2021	401(k) Plan	F4

Showing 1 to 3 of 3 entries

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	Option to Buy	Options Exercise	$0	-235K	-100%	$0.00^*	0	May 24, 2021	Common Shares	235K	$7.98	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Includes approximately 36 common shares acquired under the KeyCorp Amended and Restated Discount Stock Purchase Plan in May 2021.
F2	The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $22.92 to $23.18.
F3	The reporting person may provide to KeyCorp, any security holder of KeyCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F4	Reported as of March 18, 2021.
F5	This option vested in four equal annual installments ending on March 2, 2016.