Kenneth C. Gavrity - Feb 17, 2025 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Head of Commercial Bank
Signature
Adam J. Larkins POA for Kenneth C. Gavrity
Stock symbol
KEY
Transactions as of
Feb 17, 2025
Transactions value $
-$101,872
Form type
4
Date filed
2/19/2025, 04:24 PM
Previous filing
Feb 21, 2024
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 +18.1K +16.92% 125K Feb 17, 2025 Direct F1
transaction KEY Common Shares Tax liability -$102K -5.75K -4.59% $17.72 120K Feb 17, 2025 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 Restricted Stock Units Award $0 +23.7K $0.00 23.7K Feb 17, 2025 Common Shares 23.7K Direct F1, F2
transaction KEY Option to Buy Award $0 +28.4K $0.00 28.4K Feb 17, 2025 Common Shares 28.4K $19.49 Direct F3
transaction KEY Restricted Stock Units Options Exercise $0 -3.36K -100% $0.00 0 Feb 17, 2025 Common Shares 3.36K Direct F1, F4, F5
transaction KEY Restricted Stock Units Options Exercise $0 -2.73K -50% $0.00 2.73K Feb 17, 2025 Common Shares 2.73K Direct F1, F6, F7
transaction KEY Restricted Stock Units Options Exercise $0 -5.31K -33.34% $0.00 10.6K Feb 17, 2025 Common Shares 5.31K Direct F1, F8, F9
transaction KEY Restricted Stock Units Options Exercise $0 -6.75K -25% $0.00 20.2K Feb 17, 2025 Common Shares 6.75K Direct F1, F10, F11
* 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 restricted stock units, granted on February 17, 2025, vest in four equal annual installments beginning on February 17, 2026.
F3 The option to buy, granted on February 17, 2025, vests in four equal annual installments beginning on February 17, 2026.
F4 These restricted stock units, granted on February 15, 2021, vest in four equal annual installments. The final installment vested on February 17, 2025.
F5 Includes approximately 174 dividend-equivalent restricted stock units accrued between March and December 2024.
F6 These restricted stock units, granted on February 14, 2022, vest in four equal annual installments beginning on February 17, 2023.
F7 Includes approximately 283 dividend-equivalent restricted stock units accrued between March and December 2024.
F8 These restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024.
F9 Includes approximately 825 dividend-equivalent restricted stock units accrued between March and December 2024.
F10 These restricted stock units, granted on February 16, 2024, vest in four equal annual installments beginning on February 17, 2025.
F11 Includes approximately 1,398 dividend-equivalent restricted stock units accrued between March and December 2024.