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

Role
Head of Commercial Bank
Signature
Adam J. Larkins POA for Kenneth C. Gavrity
Stock symbol
KEY
Transactions as of
Feb 16, 2024
Transactions value $
-$70,511
Form type
4
Date filed
2/21/2024, 06:47 PM
Previous filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEY Common Shares Options Exercise $30.7K +2.38K +2.42% $12.92 100K Feb 16, 2024 Direct
transaction KEY Common Shares Sale -$33.3K -2.38K -2.36% $14.03 98.1K Feb 16, 2024 Direct
transaction KEY Common Shares Options Exercise +13.9K +14.17% 112K Feb 17, 2024 Direct F1
transaction KEY Common Shares Tax liability -$67.9K -4.82K -4.31% $14.07 107K 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 Option to Buy Options Exercise $0 -2.38K -100% $0.00* 0 Feb 16, 2024 Common Shares 2.38K $12.92 Direct F2
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 -3.1K -100% $0.00* 0 Feb 17, 2024 Common Shares 3.1K Direct F1, F5, F6
transaction KEY Restricted Stock Units Options Exercise $0 -3.18K -50% $0.00 3.18K Feb 17, 2024 Common Shares 3.18K Direct F1, F7, F8
transaction KEY Restricted Stock Units Options Exercise $0 -2.59K -33.35% $0.00 5.17K Feb 17, 2024 Common Shares 2.59K Direct F1, F9, F10
transaction KEY Restricted Stock Units Options Exercise $0 -5.04K -25% $0.00 15.1K Feb 17, 2024 Common Shares 5.04K 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.