James L. Waters - 16 Feb 2024 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
General Counsel and Secretary
Signature
Adam J. Larkins POA for James L. Waters
Issuer symbol
KEY
Transactions as of
16 Feb 2024
Net transactions value
-$41,056
Form type
4
Filing time
21 Feb 2024, 19:24:50 UTC
Previous filing
10 Jul 2023
Next filing
09 Jul 2024
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 +8,690 +25% 43,892 17 Feb 2024 Direct F1
transaction KEY Common Shares Tax liability $41,056 -2,918 -6.6% $14.07 40,974 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 Restricted Stock Units Award $0 +31,982 $0.000000 31,982 16 Feb 2024 Common Shares 31,982 Direct F1, F2
transaction KEY Option to Buy Award $0 +43,731 $0.000000 43,731 16 Feb 2024 Common Shares 43,731 $15.48 Direct F3
transaction KEY Restricted Stock Units Options Exercise $0 -3,235 -33% $0.000000 6,467 17 Feb 2024 Common Shares 3,235 Direct F1, F4, F5
transaction KEY Restricted Stock Units Options Exercise $0 -5,456 -25% $0.000000 16,364 17 Feb 2024 Common Shares 5,456 Direct F1, F6, F7
* 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 The restricted stock units, granted on February 14, 2022, vest in four equal annual installments beginning on February 17, 2023.
F5 Includes approximately 647 dividend-equivalent restricted stock units accrued between March and December 2023.
F6 The restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024.
F7 Includes approximately 1,454 dividend-equivalent restricted stock units accrued between March and December 2023.