Darrin L. Benhart - Feb 16, 2024 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Chief Risk Officer
Signature
Adam J. Larkins POA for Darrin L. Benhart
Stock symbol
KEY
Transactions as of
Feb 16, 2024
Transactions value $
-$14,154
Form type
4
Date filed
2/21/2024, 06:27 PM
Previous filing
Jan 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEY Common Shares Options Exercise +2.94K 2.94K Feb 17, 2024 Direct F1
transaction KEY Common Shares Tax liability -$14.2K -1.01K -34.24% $14.07 1.93K Feb 17, 2024 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 Restricted Stock Units Award $0 +10.1K $0.00 10.1K Feb 16, 2024 Common Shares 10.1K Direct F1, F2
transaction KEY Option to Buy Award $0 +13.8K $0.00 13.8K Feb 16, 2024 Common Shares 13.8K $15.48 Direct F3
transaction KEY Restricted Stock Units Options Exercise $0 -2.94K -25.01% $0.00 8.81K Feb 17, 2024 Common Shares 2.94K Direct F1, F4
* 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 These restricted stock units, granted on February 16, 2024, vest in four equal annual installments beginning on February 17, 2025.
F3 The option to buy, granted on February 16, 2024, vests in four equal annual installments beginning on February 17, 2025.
F4 These restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024.