Andrew J. Paine III - 24 Feb 2024 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Head of Institutional Bank
Signature
Adam J. Larkins POA for Andrew J. Paine III
Issuer symbol
KEY
Transactions as of
24 Feb 2024
Net transactions value
-$95,713
Form type
4
Filing time
27 Feb 2024, 16:39:12 UTC
Previous filing
21 Feb 2024
Next filing
08 Nov 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 +14,800 +6.7% 235,186 24 Feb 2024 Direct F1
transaction KEY Common Shares Tax liability $95,713 -6,712 -2.9% $14.26 228,474 24 Feb 2024 Direct
holding KEY Common Shares 18,514 24 Feb 2024 By spouse
holding KEY Common Shares 445 24 Feb 2024 By Paine Investments LP
holding KEY Common Shares 24,066 24 Feb 2024 401(k) Plan F2
holding KEY Common Shares 135,000 24 Feb 2024 By GRAT F3

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 Options Exercise $0 -14,800 -100% $0.000000* 0 24 Feb 2024 Common Shares 14,800 Direct F1, F4, F5
* 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 shares are held in a grantor retained annuity trust for the benefit of the reporting person and the reporting person's children. The reporting person is the trustee of the trust.
F4 These restricted stock units, granted on February 24, 2020, vested in four equal annual installments. The final installment vested on February 24, 2024.
F5 Includes approximately 987 dividend-equivalent restricted stock units accrued between March and December 2023.