Victor B. Alexander - Feb 16, 2024 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Head of Consumer Bank
Signature
Adam J. Larkins POA for Victor B. Alexander
Stock symbol
KEY
Transactions as of
Feb 16, 2024
Transactions value $
-$57,434
Form type
4
Date filed
2/21/2024, 06:23 PM
Previous filing
Feb 15, 2024
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEY Common Shares Options Exercise +12.6K +10.5% 132K Feb 17, 2024 Direct F1
transaction KEY Common Shares Tax liability -$57.4K -4.08K -3.09% $14.07 128K Feb 17, 2024 Direct
holding KEY Common Shares 10K Feb 16, 2024 401(k) Plan F2

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 Award $0 +25.6K $0.00 25.6K Feb 16, 2024 Common Shares 25.6K Direct F1, F3
transaction KEY Option to Buy Award $0 +35K $0.00 35K Feb 16, 2024 Common Shares 35K $15.48 Direct F4
transaction KEY Restricted Stock Units Options Exercise $0 -3.64K -50% $0.00 3.64K Feb 17, 2024 Common Shares 3.64K Direct F1, F5, F6
transaction KEY Restricted Stock Units Options Exercise $0 -3.88K -33.34% $0.00 7.76K Feb 17, 2024 Common Shares 3.88K Direct F1, F7, F8
transaction KEY Restricted Stock Units Options Exercise $0 -5.04K -25% $0.00 15.1K Feb 17, 2024 Common Shares 5.04K Direct F1, F9, F10
* 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 14, 2024.
F3 These restricted stock units, granted on February 16, 2024, vest in four equal annual installments beginning on February 17, 2025.
F4 The option to buy, granted on February 16, 2024, vests in four equal annual installments beginning on February 17, 2025.
F5 The restricted stock units, granted on February 15, 2021, vest in four equal annual installments beginning on February 17, 2022.
F6 Includes approximately 485 dividend-equivalent restricted stock units accrued between March and December 2023.
F7 These restricted stock units, granted on February 14, 2022, vest in four equal annual installments beginning on February 17, 2023.
F8 Includes approximately 776 dividend-equivalent restricted stock units acquired between March and December 2023.
F9 These restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024.
F10 Includes approximately 1,343 dividend-equivalent restricted stock units accrued between March and December 2023.