Alexander M. Cutler - 30 Jun 2023 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Director
Signature
Adam J. Larkins POA for Alexander M. Cutler
Issuer symbol
KEY
Transactions as of
30 Jun 2023
Net transactions value
+$21,243
Form type
4
Filing time
05 Jul 2023, 16:27:59 UTC
Previous filing
01 Jun 2023
Next filing
05 Sep 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 +21,099 +8.4% 273,652 01 Jul 2023 Direct F1

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 $21,243 +2,299 +3.8% $9.24 63,505 30 Jun 2023 Common Shares 2,299 Direct F2, F3, F4
transaction KEY Deferred Shares Options Exercise $0 -21,099 -33% $0.000000 42,406 01 Jul 2023 Common Shares 21,099 Direct F1
* 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 Directors may elect to defer the payment of directors' fees into the Directors' Deferred Share Sub-Plan to the KeyCorp Amended and Restated 2019 Equity Compensation Plan (the "Deferred Share Plan"). The deferred fees are converted into deferred shares, which are the economic equivalent of common shares.
F3 Under the terms of the Deferred Share Plan, payment of the deferred shares has been deferred until the earlier of July 1, 2026, or the death of the participant.
F4 Includes approximately 1,220 dividend-equivalent deferred shares accrued under the Deferred Share Plan in June 2023.