Alexander M. Cutler - Dec 31, 2021 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Director
Signature
Carrie A. Benedict POA for Alexander M. Cutler
Stock symbol
KEY
Transactions as of
Dec 31, 2021
Transactions value $
$18,735
Form type
4
Date filed
1/4/2022, 04:07 PM
Previous filing
Dec 2, 2021
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KEY Common Shares 215K Dec 31, 2021 Direct

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 $18.7K +810 +1.25% $23.13 65.6K Dec 31, 2021 Common Shares 810 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Directors may elect to defer the payment of directors' fees into the Directors' Deferred Share Sub-Plan to the KeyCorp 2019 Equity Compensation Plan (the "Deferred Share Plan"). The deferred fees are converted into deferred shares, which are the economic equivalent of common shares.
F2 Under the terms of the Deferred Share Plan, payment of the deferred shares has been deferred until the earlier of July 1, 2024 or the death of the participant.
F3 Includes approximately 542 dividend-equivalent deferred shares accrued under the Deferred Share Plan in December 2021.