Christopher M. Gorman - Feb 24, 2023 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role: Chairman and CEO, Director
Signature: Adam J. Larkins POA for Christopher M. Gorman
Stock symbol: KEY
Transactions as of: Feb 24, 2023
Transactions value $: -$159,677
Form type: 4
Date filed: 2/28/2023, 03:08 PM
Previous filing: Feb 22, 2023
Next filing: Feb 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KEY	Common Shares	Options Exercise		+19.2K	+2.03%		966K	Feb 24, 2023	Direct	F1
transaction	KEY	Common Shares	Tax liability	-$160K	-8.72K	-0.9%	$18.32	957K	Feb 24, 2023	Direct
holding	KEY	Common Shares						4.46K	Feb 24, 2023	401(k) Plan	F2

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	Restricted Stock Units	Options Exercise	$0	-19.2K	-50%	$0.00	19.2K	Feb 24, 2023	Common Shares	19.2K		Direct	F1, F3, F4

* 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 13, 2023.
F3	These restricted stock units, granted on February 24, 2020, vest in four equal annual installments beginning on February 24, 2021.
F4	Includes approximately 1,578 dividend-equivalent restricted stock units accrued between March and December 2022.