SEC Form 4 · accession 0001294671-16-000150
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
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 5:19 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 | Mar 1, 2016 | M | 21,466 | — | A | 381,239 | D | |
| Common Shares | Mar 1, 2016 | F | 10,186 | $10.90 | D | 371,053 | D | |
| Common SharesF1 | Mar 2, 2016 | M | 7,176 | — | A | 378,228 | D | |
| Common Shares | Mar 2, 2016 | F | 3,405 | $11.31 | D | 374,823 | 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 UnitsF4,F1,F3 | — | Mar 1, 2016 | M | 21,466 | D | — | — | Common Shares | 21,466 | 21,647 | D |
| Restricted Stock UnitsF5,F1,F6 | — | Mar 2, 2016 | M | 7,176 | D | — | — | Common Shares | 7,176 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one KeyCorp common share at vesting.
- F2Reported as of December 31, 2015.
- F3The restricted stock units, granted on March 1, 2013, vest in four equal annual installments.
- F4Includes approximately 967 dividend-equivalent restricted stock units accrued between March and December 2015.
- F5Includes approximately 176 dividend-equivalent restricted stock units accrued between March and December 2015.
- F6The restricted stock units, granted on March 2, 2012, fully vest on March 2, 2016.