Alexander M. Cutler - Mar 31, 2023 Form 4 Insider Report for KEYCORP /NEW/ (KEY)

Role
Director
Signature
Adam J. Larkins POA for Alexander M. Cutler
Stock symbol
KEY
Transactions as of
Mar 31, 2023
Transactions value $
$21,246
Form type
4
Date filed
4/4/2023, 04:58 PM
Previous filing
Mar 2, 2023
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KEY Common Shares 253K Mar 31, 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 $21.2K +1.7K +3.96% $12.52 44.6K Mar 31, 2023 Common Shares 1.7K 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 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, 2026, or the death of the participant.
F3 Includes approximately 735 dividend-equivalent deferred shares accrued under the Deferred Share Plan in March 2023.