Andrew J. Paine III - 24 Feb 2023 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Head of Institutional Bank
Signature
Adam J. Larkins POA for Andrew J. Paine III
Issuer symbol
KEY
Transactions as of
24 Feb 2023
Net transactions value
-$114,775
Form type
4
Filing time
28 Feb 2023, 15:10:53 UTC
Previous filing
25 Apr 2023
Next filing
04 May 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 +13,814 +5.5% 266,679 24 Feb 2023 Direct F1
transaction KEY Common Shares Tax liability $114,775 -6,265 -2.3% $18.32 260,414 24 Feb 2023 Direct
holding KEY Common Shares 18,514 24 Feb 2023 By spouse
holding KEY Common Shares 22,272 24 Feb 2023 401(k) Plan F2
holding KEY Common Shares 445 24 Feb 2023 By Paine Investments LP

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 -13,814 -50% $0.000000 13,814 24 Feb 2023 Common Shares 13,814 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 1,135 dividend-equivalent restricted stock units accrued between March and December 2022.