Christopher M. Gorman - Feb 13, 2025 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Signature
Adam J. Larkins POA for Christopher M. Gorman
Stock symbol
KEY
Transactions as of
Feb 13, 2025
Transactions value $
-$193,416
Form type
4
Date filed
2/18/2025, 05:18 PM
Previous filing
Feb 27, 2024
Next filing
Feb 19, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEY Common Shares Options Exercise $815K +57.7K +7.22% $14.11 857K Feb 13, 2025 Direct
transaction KEY Common Shares Sale -$1.01M -57.7K -6.73% $17.46 800K Feb 13, 2025 Direct F1, F2
holding KEY Common Shares 200K Feb 13, 2025 By GRAT F3
holding KEY Common Shares 127K Feb 13, 2025 By GRAT F3
holding KEY Common Shares 5.06K Feb 13, 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 Option to Buy Options Exercise $0 -57.7K -100% $0.00 0 Feb 13, 2025 Common Shares 57.7K $14.11 Direct F5
* 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 ranging from $17.46 to $17.47.
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 February 14, 2025.
F5 This option vested in four equal annual installments ending on February 17, 2019.