SEC Form 4 · accession 0001294671-16-000124
KEYCORP /NEW/ · KEY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher M. Gorman
Officer — President, Key Coporate Bank
Period of report
Feb 15, 2016
Accepted (ET)
Feb 17, 2016 · 5:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000091576
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | holding | — | — | — | 337,006 | D | ||
| Common SharesF2 | holding | — | — | — | 3,475 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Feb 15, 2016 | A | 91,515 | A | — | — | Common Shares | 91,515 | 91,515 | D |
| Option to BuyF5 | $10.49 | Feb 15, 2016 | A | 112,149 | A | — | Feb 15, 2026 | Common Shares | 112,149 | 112,149 | D |
Explanation of responses
- F1Includes approximately 5,029 common shares acquired through dividend reinvestments between March and December 2015, and approximately 540 common shares acquired under the KeyCorp Amended and Restated Discount Stock Purchase Plan between March 2015 and February 2016.
- F2Reported as of December 31, 2015.
- F3Each restricted stock unit represents the right to receive one KeyCorp common share at vesting.
- F4The restricted stock units, granted on February 15, 2016, vest in four equal annual installments beginning on February 17, 2017.
- F5The options to buy, granted on February 15, 2016, vest in four equal annual installments beginning on February 17, 2017.