Form 4 for KEY KeyCorp
Accepted 2023-02-22 00:00:00 ET · period of report 2023-02-17 · accession 0000091576-23-000038 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-22 | 2023-02-17 | KEY | Paine Andrew J III | Head of Institutional Bank | F - Tax | $19.15 | -9,670 | 252.9K | -4% | -$185.2K |
| D | 2023-02-22 | 2023-02-17 | KEY | Paine Andrew J III | Head of Institutional Bank | M - OptEx | — | +31.3K | 262.5K | +14% | — |
| DM | 2023-02-22 | 2023-02-17 | KEY | Paine Andrew J III | Head of Institutional Bank | M - OptEx | $0.00 | -31.3K | 0 | -100% | $0 |
| DM | 2023-02-22 | 2023-02-17 | KEY | Paine Andrew J III | Head of Institutional Bank | A - Grant | $0.00 | +111.6K | 56.7K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2023-02-17 | F | D | 9,670 | $19.15 | 252,865 | D | — | — | |
| 2 | Common | Common Shares | 2023-02-17 | M | A | 31,272 | — | 262,535 | D | — | — | (F1) Each restricted stock unit represents the right to receive one KeyCorp common share at vesting. |
| 3 | Derivative | Restricted Stock Units | 2023-02-17 | M | D | 7,547 | $0.00 | 22,639 | D | — · — to — | 7,547 Common Shares | (F8) Includes approximately 1,240 dividend-equivalent restricted stock units accrued between March and December 2022. (F1) Each restricted stock unit represents the right to receive one KeyCorp common share at vesting. (F7) These restricted stock units, granted on February 14, 2022, vest in four equal annual installments beginning on February 17, 2023. |
| 4 | Derivative | Restricted Stock Units | 2023-02-17 | M | D | 10,189 | $0.00 | 20,376 | D | — · — to — | 10,189 Common Shares | (F6) Includes approximately 1,255 dividend-equivalent restricted stock units accrued between March and December 2022. (F1) Each restricted stock unit represents the right to receive one KeyCorp common share at vesting. (F5) These restricted stock units, granted on February 15, 2021, vest in four equal annual installments beginning on February 17, 2022. |
| 5 | Derivative | Restricted Stock Units | 2023-02-17 | M | D | 13,536 | $0.00 | 0 | D | — · — to — | 13,536 Common Shares | (F1) Each restricted stock unit represents the right to receive one KeyCorp common share at vesting. (F3) These restricted stock units, granted on February 18, 2019, vested in four equal annual installments ending on February 17, 2023. |
| 6 | Derivative | Deferred Shares | 2023-02-17 | A | A | 17,267 | — | 37,874 | D | — · — to — | 17,267 Common Shares | (F13) In connection with the vesting on February 17, 2023, of cash-settling performance shares previously granted to the reporting person, the reporting person's receipt of the cash value of 17,267 shares of common stock was deferred, resulting in the reporting person's receipt instead of 17,267 deferred shares pursuant to KeyCorp's Long-Term Incentive Deferral Plan. (F14) Includes approximately 846 dividend-equivalent deferred shares accrued between March and December 2022. (F11) Each deferred share represents a right to receive the cash value of one share of common stock. (F12) The deferred shares become payable upon the reporting person's termination of employment with KeyCorp and its subsidiaries. |
| 7 | Derivative | Restricted Stock Units | 2023-02-17 | A | A | 37,597 | $0.00 | 37,597 | D | — · — to — | 37,597 Common Shares | (F1) Each restricted stock unit represents the right to receive one KeyCorp common share at vesting. (F9) These restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024. |
| 8 | Derivative | Option to Buy | 2023-02-17 | A | A | 56,737 | $0.00 | 56,737 | D | $21.07 · — to 2033-02-17 | 56,737 Common Shares | (F10) The option to buy, granted on February 17, 2023, vests in four equal annual installments beginning on February 17, 2024. |