Andrew J. Paine III - 17 Feb 2025 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Head of Institutional Bank
Signature
Adam J. Larkins POA for Andrew J. Paine III
Issuer symbol
KEY
Transactions as of
17 Feb 2025
Net transactions value
-$235,747
Form type
4
Filing time
19 Feb 2025, 16:15:45 UTC
Previous filing
08 Nov 2024
Next filing
12 Aug 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 +43,026 +20% 257,094 17 Feb 2025 Direct F1
transaction KEY Common Shares Tax liability $235,747 -13,304 -5.2% $17.72 243,790 17 Feb 2025 Direct
holding KEY Common Shares 149,406 17 Feb 2025 By GRAT F2
holding KEY Common Shares 4,265 17 Feb 2025 By spouse
holding KEY Common Shares 445 17 Feb 2025 By Paine Investments LP
holding KEY Common Shares 25,298 17 Feb 2025 401(k) Plan F3

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 +44,018 $0.000000 44,018 17 Feb 2025 Common Shares 44,018 Direct F1, F4
transaction KEY Option to Buy Award $0 +52,738 $0.000000 52,738 17 Feb 2025 Common Shares 52,738 $19.49 Direct F5
transaction KEY Restricted Stock Units Options Exercise $0 -11,511 -100% $0.000000 0 17 Feb 2025 Common Shares 11,511 Direct F1, F6, F7
transaction KEY Restricted Stock Units Options Exercise $0 -8,526 -50% $0.000000 8,526 17 Feb 2025 Common Shares 8,526 Direct F1, F8, F9
transaction KEY Restricted Stock Units Options Exercise $0 -10,620 -33% $0.000000 21,241 17 Feb 2025 Common Shares 10,620 Direct F1, F10, F11
transaction KEY Restricted Stock Units Options Exercise $0 -12,368 -25% $0.000000 37,103 17 Feb 2025 Common Shares 12,368 Direct F1, F12, F13
* 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 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.
F3 Reported as of February 14, 2025.
F4 These restricted stock units, granted on February 17, 2025, vest in four equal annual installments beginning on February 17, 2026.
F5 The option to buy, granted on February 17, 2025, vests in four equal annual installments beginning on February 17, 2026.
F6 These restricted stock units, granted on February 15, 2021, vest in four equal annual installments. The final installment vested on February 17, 2025.
F7 Includes approximately 596 dividend-equivalent restricted stock units accrued between March and December 2024.
F8 These restricted stock units, granted on February 14, 2022, vest in four equal annual installments beginning on February 17, 2023.
F9 Includes approximately 883 dividend-equivalent restricted stock units accrued between March and December 2024.
F10 These restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024.
F11 Includes approximately 1,650 dividend-equivalent restricted stock units accrued between March and December 2024.
F12 These restricted stock units, granted on February 16, 2024, vest in four equal annual installments beginning on February 17, 2025.
F13 Includes approximately 2,563 dividend-equivalent restricted stock units accrued between March and December 2024.