Victor B. Alexander - Feb 17, 2025 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role: Head of Consumer Bank
Signature: Adam J. Larkins POA for Victor B. Alexander
Stock symbol: KEY
Transactions as of: Feb 17, 2025
Transactions value $: -$111,813
Form type: 4
Date filed: 2/19/2025, 04:19 PM
Previous filing: Feb 28, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KEY	Common Shares	Options Exercise		+20K	+15.45%		149K	Feb 17, 2025	Direct	F1
transaction	KEY	Common Shares	Tax liability	-$112K	-6.31K	-4.22%	$17.72	143K	Feb 17, 2025	Direct
holding	KEY	Common Shares						2.07K	Feb 17, 2025	By Trust
holding	KEY	Common Shares						10.5K	Feb 17, 2025	401(k) Plan	F2

Showing 1 to 4 of 4 entries

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	+23.7K		$0.00	23.7K	Feb 17, 2025	Common Shares	23.7K		Direct	F1, F3
transaction	KEY	Option to Buy	Award	$0	+28.4K		$0.00	28.4K	Feb 17, 2025	Common Shares	28.4K	$19.49	Direct	F4
transaction	KEY	Restricted Stock Units	Options Exercise	$0	-3.84K	-100%	$0.00	0	Feb 17, 2025	Common Shares	3.84K		Direct	F1, F5, F6
transaction	KEY	Restricted Stock Units	Options Exercise	$0	-4.09K	-50%	$0.00	4.09K	Feb 17, 2025	Common Shares	4.09K		Direct	F1, F7, F8
transaction	KEY	Restricted Stock Units	Options Exercise	$0	-5.31K	-33.34%	$0.00	10.6K	Feb 17, 2025	Common Shares	5.31K		Direct	F1, F9, F10
transaction	KEY	Restricted Stock Units	Options Exercise	$0	-6.75K	-25%	$0.00	20.2K	Feb 17, 2025	Common Shares	6.75K		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	Reported as of February 14, 2025.
F3	These restricted stock units, granted on February 17, 2025, vest in four equal annual installments beginning on February 17, 2026.
F4	The option to buy, granted on February 17, 2025, vests in four equal annual installments beginning on February 17, 2026.
F5	These restricted stock units, granted on February 15, 2021, vest in four equal annual installments. The final installment vested on February 17, 2025.
F6	Includes approximately 199 dividend-equivalent restricted stock units accrued between March and December 2024.
F7	These restricted stock units, granted on February 14, 2022, vest in four equal annual installments beginning on February 17, 2023.
F8	Includes approximately 424 dividend-equivalent restricted stock units accrued between March and December 2024.
F9	These restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024.
F10	Includes approximately 825 dividend-equivalent restricted stock units accrued between March and December 2024.
F11	These restricted stock units, granted on February 16, 2024, vest in four equal annual installments beginning on February 17, 2025.
F12	Includes approximately 1,398 dividend-equivalent restricted stock units accrued between March and December 2024.