Kenneth C. Gavrity - Feb 17, 2023 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Head of Enterprise Payments
Signature
Adam J. Larkins POA for Kenneth C. Gavrity
Stock symbol
KEY
Transactions as of
Feb 17, 2023
Transactions value $
-$81,828
Form type
4
Date filed
2/22/2023, 03:29 PM
Previous filing
Feb 22, 2022
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEY Common Shares Options Exercise +13.4K +28.36% 60.4K Feb 17, 2023 Direct F1
transaction KEY Common Shares Tax liability -$81.8K -4.27K -7.07% $19.15 56.2K Feb 17, 2023 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 Restricted Stock Units Options Exercise $0 -5.08K -100% $0.00* 0 Feb 17, 2023 Common Shares 5.08K Direct F1, F2, F3
transaction KEY Restricted Stock Units Options Exercise $0 -2.89K -50% $0.00 2.89K Feb 17, 2023 Common Shares 2.89K Direct F1, F4, F5
transaction KEY Restricted Stock Units Options Exercise $0 -2.97K -33.34% $0.00 5.94K Feb 17, 2023 Common Shares 2.97K Direct F1, F6, F7
transaction KEY Restricted Stock Units Options Exercise $0 -2.42K -25.01% $0.00 7.24K Feb 17, 2023 Common Shares 2.42K Direct F1, F8, F9
transaction KEY Restricted Stock Units Award $0 +18.8K $0.00 18.8K Feb 17, 2023 Common Shares 18.8K Direct F1, F10
transaction KEY Option to Buy Award $0 +28.4K $0.00 28.4K Feb 17, 2023 Common Shares 28.4K $21.07 Direct 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 These restricted stock units, granted on February 18, 2019, vested in four equal annual installments ending on February 17, 2023.
F3 Includes approximately 208 dividend-equivalent restricted stock units accrued between March and December 2022.
F4 These restricted stock units, granted on February 17, 2020, vest in four equal annual installments beginning on February 17, 2021.
F5 Includes approximately 237 dividend-equivalent restricted stock units accrued between March and December 2022.
F6 These restricted stock units, granted on February 15, 2021, vest in four equal annual installments beginning on February 17, 2022.
F7 Includes approximately 366 dividend-equivalent restricted stock units accrued between March and December 2022.
F8 These restricted stock units, granted on February 14, 2022, vest in four equal annual installments beginning on February 17, 2023.
F9 Includes approximately 396 dividend-equivalent restricted stock units accrued between March and December 2022.
F10 The restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024.
F11 The option to buy, granted on February 17, 2023, vests in four equal annual installments beginning on February 17, 2024.