Kenneth C. Gavrity - 16 Feb 2024 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Head of Commercial Bank
Signature
Adam J. Larkins POA for Kenneth C. Gavrity
Issuer symbol
KEY
Transactions as of
16 Feb 2024
Net transactions value
-$70,511
Form type
4
Filing time
21 Feb 2024, 18:47:22 UTC
Previous filing
20 Feb 2024
Next filing
19 Feb 2025
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 $30,698 +2,376 +2.4% $12.92 100,496 16 Feb 2024 Direct
transaction KEY Common Shares Sale $33,335 -2,376 -2.4% $14.03 98,120 16 Feb 2024 Direct
transaction KEY Common Shares Options Exercise +13,902 +14% 112,022 17 Feb 2024 Direct F1
transaction KEY Common Shares Tax liability $67,874 -4,824 -4.3% $14.07 107,197 17 Feb 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 Option to Buy Options Exercise $0 -2,376 -100% $0.000000* 0 16 Feb 2024 Common Shares 2,376 $12.92 Direct F2
transaction KEY Restricted Stock Units Award $0 +25,586 $0.000000 25,586 16 Feb 2024 Common Shares 25,586 Direct F1, F3
transaction KEY Option to Buy Award $0 +34,985 $0.000000 34,985 16 Feb 2024 Common Shares 34,985 $15.48 Direct F4
transaction KEY Restricted Stock Units Options Exercise $0 -3,095 -100% $0.000000* 0 17 Feb 2024 Common Shares 3,095 Direct F1, F5, F6
transaction KEY Restricted Stock Units Options Exercise $0 -3,184 -50% $0.000000 3,184 17 Feb 2024 Common Shares 3,184 Direct F1, F7, F8
transaction KEY Restricted Stock Units Options Exercise $0 -2,588 -33% $0.000000 5,173 17 Feb 2024 Common Shares 2,588 Direct F1, F9, F10
transaction KEY Restricted Stock Units Options Exercise $0 -5,036 -25% $0.000000 15,105 17 Feb 2024 Common Shares 5,036 Direct F1, F11, F12
* 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 This option vested in four equal annual installments ending on February 17, 2018.
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 These restricted stock units, granted on February 17, 2020, vested in four equal annual installments ending on February 17, 2024.
F6 Includes approximately 206 dividend-equivalent restricted stock units accrued between March and December 2023.
F7 These restricted stock units, granted on February 15, 2021, vest in four equal annual installments beginning on February 17, 2022.
F8 Includes approximately 424 dividend-equivalent restricted stock units accrued between March and December 2023.
F9 These restricted stock units, granted on February 14, 2022, vest in four equal annual installments beginning on February 17, 2023.
F10 Includes approximately 517 dividend-equivalent restricted stock units accrued between March and December 2023.
F11 These restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024.
F12 Includes approximately 1,343 dividend-equivalent restricted stock units accrued between March and December 2023.