Todd J. Vasos - Dec 31, 2023 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Director
Signature
Adam J. Larkins POA for Todd J. Vasos
Stock symbol
KEY
Transactions as of
Dec 31, 2023
Transactions value $
$24,998
Form type
4
Date filed
1/3/2024, 07:22 PM
Previous filing
Oct 18, 2023
Next filing
Mar 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEY Common Shares Options Exercise +4.79K +59.82% 12.8K Jan 1, 2024 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 $25K +1.74K +3.32% $14.40 54.1K Dec 31, 2023 Common Shares 1.74K Direct F2, F3, F4
transaction KEY Deferred Shares Options Exercise -4.79K -8.85% 49.3K Jan 1, 2024 Common Shares 4.79K 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, 2025, or the death of the participant.
F4 Includes approximately 739 dividend-equivalent deferred shares accrued under the Deferred Share Plan in December 2023.