Carlton L. Highsmith - May 11, 2023 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Director
Signature
Adam J. Larkins POA for Carlton L. Highsmith
Stock symbol
KEY
Transactions as of
May 11, 2023
Transactions value $
$0
Form type
4
Date filed
5/15/2023, 05:05 PM
Previous filing
Sep 16, 2022
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KEY Common Shares 64.1K May 11, 2023 Direct

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 Deferred Shares Award $0 +15.4K +55.6% $0.00 43.1K May 11, 2023 Common Shares 15.4K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Deferred Share is the economic equivalent of one Common Share.
F2 Under the terms of KeyCorp's Amended and Restated Directors' Deferred Share Sub-Plan of the KeyCorp 2019 Equity Compensation Plan (the "Deferred Share Plan"), the Participant will receive payment of the Deferred Shares one-half as Common Shares and one-half in cash on May 11, 2026.
F3 The Deferred Shares were awarded under the Deferred Share Plan.
F4 Includes approximately 1,379 dividend-equivalent deferred shares accrued under the Deferred Share Plan between June 2022 and March 2023.