Donald R. Kimble - Feb 24, 2023 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
CFO, CAO, & Vice Chair
Signature
Adam J. Larkins POA for Donald R. Kimble
Stock symbol
KEY
Transactions as of
Feb 24, 2023
Transactions value $
-$115,178
Form type
4
Date filed
2/28/2023, 03:08 PM
Previous filing
Feb 22, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEY Common Shares Options Exercise +13.2K +2.77% 490K Feb 24, 2023 Direct F1
transaction KEY Common Shares Tax liability -$115K -6.29K -1.28% $18.32 483K Feb 24, 2023 Direct 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 -13.2K -50% $0.00 13.2K Feb 24, 2023 Common Shares 13.2K 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 Adjusted to correct the number of shares reported as being withheld by KeyCorp to satisfy the Reporting Person's tax withholding obligations in connection with the payout of performance share units on February 17, 2023, on a Form 4 filed on February 22, 2023, which understated the number of shares withheld by 269 shares.
F3 These restricted stock units, granted on February 24, 2020, vest in four equal annual installments beginning on February 24, 2021.
F4 Includes approximately 1,085 dividend-equivalent restricted stock units accrued between March and December 2022.