Douglas M. Schosser - Feb 17, 2022 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Signature
Carrie A. Benedict POA for Douglas M. Schosser
Stock symbol
KEY
Transactions as of
Feb 17, 2022
Transactions value $
-$44,281
Form type
4
Date filed
2/22/2022, 04:30 PM
Previous filing
Feb 16, 2022
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEY Common Shares Options Exercise +5.05K +20.26% 30K Feb 17, 2022 Direct F1
transaction KEY Common Shares Tax liability -$44.3K -1.72K -5.74% $25.73 28.2K Feb 17, 2022 Direct
holding KEY Common Shares 3.89K Feb 17, 2022 401(k) Plan F2

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 Restricted Stock Units Options Exercise $0 -1.64K -100% $0.00* 0 Feb 17, 2022 Common Shares 1.64K Direct F1, F3, F4
transaction KEY Restricted Stock Units Options Exercise $0 -1.78K -50% $0.00 1.78K Feb 17, 2022 Common Shares 1.78K Direct F1, F5, F6
transaction KEY Restricted Stock Units Options Exercise $0 -1.63K -25% $0.00 4.89K Feb 17, 2022 Common Shares 1.63K Direct F1, F7, F8
transaction KEY Deferred Shares Award +5.43K 5.43K Feb 17, 2022 Common Shares 5.43K Direct F9, F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive one KeyCorp common share at vesting.
F2 Reported as of February 15, 2022.
F3 These restricted stock units, granted on February 19, 2018, vested in four equal annual installments ending on February 17, 2022.
F4 Includes approximately 55 dividend-equivalent restricted stock units accrued between March and December 2021.
F5 These restricted stock units, granted on February 18, 2019, vest in four equal annual installments beginning on February 17, 2020.
F6 Includes approximately 121 dividend-equivalent restricted stock units accrued between March and December 2021.
F7 These restricted stock units, granted on February 15, 2021, vest in four equal annual installments beginning on February 17, 2022.
F8 Includes approximately 221 dividend-equivalent restricted stock units accrued between March and December 2021.
F9 Each deferred share represents a right to receive the cash value of one share of common stock.
F10 The deferred shares become payable upon the reporting person's termination of employment with KeyCorp and its subsidiaries.
F11 In connection with the vesting on February 17, 2022, of cash-settling performance shares previously granted to the reporting person, the reporting person's receipt of the cash value of 5,434 shares ofcommon stock was deferred, resulting in the reporting person's receipt instead of 5,434 deferred shares pursuant to KeyCorp's Long-Term Incentive Deferral Plan.