Christopher M. Gorman - 17 Feb 2023 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Chairman and CEO, Director
Signature
Adam J. Larkins POA for Christopher M. Gorman
Issuer symbol
KEY
Transactions as of
17 Feb 2023
Net transactions value
-$361,897
Form type
4
Filing time
22 Feb 2023, 15:30:02 UTC
Previous filing
14 Dec 2022
Next filing
28 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEY Common Shares Options Exercise +58,938 +6.5% 965,704 17 Feb 2023 Direct F1
transaction KEY Common Shares Tax liability $361,897 -18,898 -2% $19.15 946,806 17 Feb 2023 Direct
holding KEY Common Shares 4,455 17 Feb 2023 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 -18,950 -100% $0.000000* 0 17 Feb 2023 Common Shares 18,950 Direct F1, F3, F4
transaction KEY Restricted Stock Units Options Exercise $0 -18,254 -33% $0.000000 36,508 17 Feb 2023 Common Shares 18,254 Direct F1, F5, F6
transaction KEY Restricted Stock Units Options Exercise $0 -21,735 -25% $0.000000 65,201 17 Feb 2023 Common Shares 21,735 Direct F1, F7, F8
transaction KEY Restricted Stock Units Award $0 +109,660 $0.000000 109,660 17 Feb 2023 Common Shares 109,660 Direct F1, F9
transaction KEY Option to Buy Award $0 +165,484 $0.000000 165,484 17 Feb 2023 Common Shares 165,484 $21.07 Direct F10
* 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 February 13, 2023.
F3 These restricted stock units, granted on February 18, 2019, vested in four equal annual installments ending on February 17, 2023.
F4 Includes approximately 778 dividend-equivalent restricted stock units accrued between March and December 2022.
F5 These restricted stock units, granted on February 15, 2021, vest in four equal annual installments beginning on February 17, 2022.
F6 Includes approximately 2,249 dividend-equivalent restricted stock units accrued between March and December 2022.
F7 These restricted stock units, granted on February 14, 2022, vest in four equal annual installments beginning on February 17, 2023.
F8 Includes approximately 3,570 dividend-equivalent restricted stock units accrued between March and December 2022.
F9 These restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024.
F10 The option to buy, granted on February 17, 2023, vests in four equal annual installments beginning on February 17, 2024.