Form 4 for KEY KeyCorp
Accepted 2024-02-21 00:00:00 ET · period of report 2024-02-16 · accession 0000091576-24-000035 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-02-21 | 2024-02-16+ | KEY | Paine Andrew J III | Head of Institutional Bank | M - OptEx | $12.92 | +42.4K | 229.5K | +23% | +$547.6K |
| DM | 2024-02-21 | 2024-02-16+ | KEY | Paine Andrew J III | Head of Institutional Bank | F - Tax | $14.06 | -22.4K | 200.4K | -10% | -$315.2K |
| DM | 2024-02-21 | 2024-02-16 | KEY | Paine Andrew J III | Head of Institutional Bank | A - Grant | $0.00 | +129.8K | 18.7K | New | $0 |
| DM | 2024-02-21 | 2024-02-16+ | KEY | Paine Andrew J III | Head of Institutional Bank | M - OptEx | $0.00 | -42.4K | 0 | -100% | $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 | 2024-02-16 | M | A | 13,307 | $12.92 | 213,721 | D | — | — | |
| 2 | Common | Common Shares | 2024-02-17 | F | D | 9,102 | $14.07 | 220,386 | D | — | — | |
| 3 | Common | Common Shares | 2024-02-17 | M | A | 29,074 | — | 229,488 | D | — | — | (F1) Each restricted stock unit represents the right to receive one KeyCorp common share at vesting. |
| 4 | Common | Common Shares | 2024-02-16 | F | D | 13,307 | $14.06 | 200,414 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2024-02-16 | A | A | 46,908 | $0.00 | 46,908 | D | — · — to — | 46,908 Common Shares | (F1) Each restricted stock unit represents the right to receive one KeyCorp common share at vesting. (F5) These restricted stock units, granted on February 16, 2024, vest in four equal annual installments beginning on February 17, 2025. |
| 6 | Derivative | Option to Buy | 2024-02-16 | A | A | 64,139 | $0.00 | 64,139 | D | $15.48 · — to 2034-02-16 | 64,139 Common Shares | (F6) The option to buy, granted on February 16, 2024, vests in four equal annual installments beginning on February 17, 2025. |
| 7 | Derivative | Deferred Shares | 2024-02-16 | A | A | 18,731 | — | 18,731 | D | — · — to — | 18,731 Common Shares | (F9) In connection with the vesting on February 17, 2024, of cash-settling performance shares previously granted to the reporting person, the reporting person's receipt of the cash value of 18,731 shares of common stock was deferred, resulting in the reporting person's receipt instead of 18,731 deferred shares pursuant to KeyCorp's Long-Term Incentive Deferral Plan. (F7) Each deferred share represents a right to receive the cash value of one share of common stock. (F8) The deferred shares become payable upon the reporting person's termination of employment with KeyCorp and its subsidiaries. |
| 8 | Derivative | Restricted Stock Units | 2024-02-17 | M | D | 10,916 | $0.00 | 10,915 | D | — · — to — | 10,916 Common Shares | (F11) Includes approximately 1,455 dividend-equivalent restricted stock units accrued between March and December 2023. (F1) Each restricted stock unit represents the right to receive one KeyCorp common share at vesting. (F10) These restricted stock units, granted on February 15, 2021, vest in four equal annual installments beginning on February 17, 2022. |
| 9 | Derivative | Restricted Stock Units | 2024-02-17 | M | D | 8,086 | $0.00 | 16,170 | D | — · — to — | 8,086 Common Shares | (F13) Includes approximately 1,617 dividend-equivalent restricted stock units accrued between March and December 2023. (F1) Each restricted stock unit represents the right to receive one KeyCorp common share at vesting. (F12) These restricted stock units, granted on February 14, 2022, vest in four equal annual installments beginning on February 17, 2023. |
| 10 | Derivative | Restricted Stock Units | 2024-02-17 | M | D | 10,071 | $0.00 | 30,211 | D | — · — to — | 10,071 Common Shares | (F15) Includes approximately 2,685 dividend-equivalent restricted stock units accrued between March and December 2023. (F1) Each restricted stock unit represents the right to receive one KeyCorp common share at vesting. (F14) These restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024. |
| 11 | Derivative | Option to Buy | 2024-02-16 | M | D | 13,307 | $0.00 | 0 | D | $12.92 · — to 2024-02-17 | 13,307 Common Shares | (F4) This option vested in four equal annual installments ending on February 17, 2018. |