Andrew J. Paine III - Nov 6, 2024 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Head of Institutional Bank
Signature
Adam J. Larkins POA for Andrew J. Paine III
Stock symbol
KEY
Transactions as of
Nov 6, 2024
Transactions value $
-$489,401
Form type
4
Date filed
11/8/2024, 05:56 PM
Previous filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEY Common Shares Options Exercise $301K +21.4K +9.98% $14.11 235K Nov 6, 2024 Direct
transaction KEY Common Shares Options Exercise $472K +45K +19.11% $10.49 280K Nov 6, 2024 Direct
transaction KEY Common Shares Sale -$1.26M -66.4K -23.66% $19.03 214K Nov 6, 2024 Direct F1, F2
transaction KEY Common Shares Gift $0 -14.2K -76.96% $0.00 4.27K Nov 8, 2024 By spouse
holding KEY Common Shares 149K Nov 6, 2024 By GRAT F3
holding KEY Common Shares 445 Nov 6, 2024 By Paine Investments LP
holding KEY Common Shares 25K Nov 6, 2024 401(k) Plan F4

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 -21.4K -100% $0.00 0 Nov 6, 2024 Common Shares 21.4K $14.11 Direct F5
transaction KEY Option to Buy Options Exercise $0 -45K -50.03% $0.00 45K Nov 6, 2024 Common Shares 45K $10.49 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.02 to $19.06.
F2 The reporting person may provide to KeyCorp, any security holder of KeyCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
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 Reported as of November 7, 2024.
F5 This option vested in four equal annual installments ending on February 17, 2019.
F6 This option vested in four equal annual installments ending on February 17, 2020.