Christopher M. Gorman - 17 Feb 2025 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Chairman and CEO, Director
Signature
Adam J. Larkins POA for Christopher M. Gorman
Issuer symbol
KEY
Transactions as of
17 Feb 2025
Net transactions value
-$807,305
Form type
4
Filing time
19 Feb 2025, 16:32:38 UTC
Previous filing
18 Feb 2025
Next filing
25 Jul 2025
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 +115,514 +14% 915,279 17 Feb 2025 Direct F1, F2
transaction KEY Common Shares Tax liability $807,305 -45,559 -5% $17.72 869,721 17 Feb 2025 Direct
holding KEY Common Shares 200,000 17 Feb 2025 By GRAT F3
holding KEY Common Shares 126,645 17 Feb 2025 By GRAT F3
holding KEY Common Shares 5,060 17 Feb 2025 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 Restricted Stock Units Award $0 +116,817 $0.000000 116,817 17 Feb 2025 Common Shares 116,817 Direct F1, F5
transaction KEY Option to Buy Award $0 +139,959 $0.000000 139,959 17 Feb 2025 Common Shares 139,959 $19.49 Direct F6
transaction KEY Restricted Stock Units Options Exercise $0 -20,626 -100% $0.000000 0 17 Feb 2025 Common Shares 20,626 Direct F1, F7, F8
transaction KEY Restricted Stock Units Options Exercise $0 -24,558 -50% $0.000000 24,558 17 Feb 2025 Common Shares 24,558 Direct F1, F9, F10
transaction KEY Restricted Stock Units Options Exercise $0 -30,978 -33% $0.000000 61,955 17 Feb 2025 Common Shares 30,978 Direct F1, F11, F12
transaction KEY Restricted Stock Units Options Exercise $0 -39,352 -25% $0.000000 118,054 17 Feb 2025 Common Shares 39,352 Direct F1, F13, F14
* 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 Includes approximately 463 common shares acquired under the KeyCorp Second Amended and Restated Discounted Stock Purchase Plan since March 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 Reported as of February 14, 2025.
F5 These restricted stock units, granted on February 17, 2025, vest in four equal annual installments beginning on February 17, 2026.
F6 The option to buy, granted on February 17, 2025, vests in four equal annual installments beginning on February 17, 2026.
F7 These restricted stock units, granted on February 15, 2021, vest in four equal annual installments beginning on February 17, 2022.
F8 Includes approximately 1,068 dividend-equivalent restricted stock units accrued between March and December 2024.
F9 These restricted stock units, granted on February 14, 2022, vest in four equal annual installments beginning on February 17, 2023.
F10 Includes approximately 2,544 dividend-equivalent restricted stock units accrued between March and December 2024.
F11 These restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024.
F12 Includes approximately 4,814 dividend-equivalent restricted stock units accrued between March and December 2024.
F13 These restricted stock units, granted on February 16, 2024, vest in four equal annual installments beginning on February 17, 2025.
F14 Includes approximately 8,154 dividend-equivalent restricted stock units accrued between March and December 2024.