Alexander M. Cutler - Sep 29, 2023 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Director
Signature
Adam J. Larkins POA for Alexander M. Cutler
Stock symbol
KEY
Transactions as of
Sep 29, 2023
Transactions value $
$21,240
Form type
4
Date filed
10/3/2023, 06:55 PM
Previous filing
Sep 5, 2023
Next filing
Dec 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
holding KEY Common Shares 274 K Sep 29, 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 $21.2 K +1.97 K +4.57% $10.76 45.1 K Sep 29, 2023 Common Shares 1.97 K Direct F1, F2, F3

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 Includes approximately 742 dividend-equivalent deferred shares accrued under the Deferred Share Plan in September 2023.