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

Role
CFO, CAO, & Vice Chair
Signature
Adam J. Larkins POA for Donald R. Kimble
Issuer symbol
KEY
Transactions as of
24 Feb 2023
Net transactions value
-$115,178
Form type
4
Filing time
28 Feb 2023, 15:08:54 UTC
Previous filing
22 Feb 2023
Next filing
18 Dec 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 +13,213 +2.8% 489,681 24 Feb 2023 Direct F1
transaction KEY Common Shares Tax liability $115,178 -6,287 -1.3% $18.32 483,394 24 Feb 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 -13,213 -50% $0.000000 13,213 24 Feb 2023 Common Shares 13,213 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.