Richard J. Tobin - 29 Sep 2023 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Director
Signature
Adam J. Larkins POA for Richard J. Tobin
Issuer symbol
KEY
Transactions as of
29 Sep 2023
Net transactions value
+$24,995
Form type
4
Filing time
03 Oct 2023, 18:58:58 UTC
Previous filing
05 Jul 2023
Next filing
03 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KEY Common Shares 0 29 Sep 2023 Direct

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 Deferred Shares Award $24,995 +2,323 +6.7% $10.76 37,126 29 Sep 2023 Common Shares 2,323 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Directors may elect to defer the payment of directors' fees into the Directors' Deferred Share Sub-Plan to the KeyCorp 2019 Amended and Restated Equity Compensation Plan (the "Deferred Share Plan"). The deferred fees are converted into deferred shares, which are the economic equivalent of common shares.
F2 Under the terms of the Deferred Share Plan, payment of the deferred shares has been deferred until the earlier of July 1, 2027, or the death of the participant.
F3 Includes approximately 598 dividend-equivalent deferred shares accrued under the Deferred Share Plan in September 2023.