Christopher M. Gorman - 24 Feb 2022 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Chairman and CEO, Director
Signature
Carrie A. Benedict POA for Christopher M. Gorman
Issuer symbol
KEY
Transactions as of
24 Feb 2022
Transactions value $
-$201,703
Form type
4
Filing time
28 Feb 2022, 15:14:46 UTC
Previous filing
22 Feb 2022
Next filing
14 Dec 2022
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 +18.4K +2.26% 834K 24 Feb 2022 Direct F1
transaction KEY Common Shares Tax liability -$202K -8.36K -1% $24.13 826K 24 Feb 2022 Direct
holding KEY Common Shares 4.25K 24 Feb 2022 401(k) Plan F2

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 -18.4K -33.33% $0.00 36.9K 24 Feb 2022 Common Shares 18.4K Direct F1, F3, F4
* 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 15, 2022.
F3 These restricted stock units, granted on February 24, 2020, vest in four equal annual installments beginning on February 24, 2021.
F4 Includes approximately 1,874 dividend-equivalent restricted stock units accrued between March and December 2021.