SEC Form 4 · accession 0001294671-16-000176
KEYCORP /NEW/ · KEY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard J Hipple
Director
Period of report
May 19, 2016
Accepted (ET)
May 23, 2016 · 4:12 pm EDT
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 | — | — | — | 13,236 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred SharesF4,F5,F2,F3 | — | May 19, 2016 | A | 8,878 | A | — | — | Common Shares | 8,878 | 37,868 | D |
Explanation of responses
- F1Includes approximately 91 common shares acquired through dividend reinvestments in March 2016.
- F2Each Deferred Share is the economic equivalent of one Common Share.
- F3Under the terms of KeyCorp's Directors' Deferred Share Sub-Plan of the KeyCorp 2013 Equity Compensation Plan (the "Deferred Share Plan"), the participant will receive payment of the Deferred Shares one-half as Common Shares and one-half in cash on May 19, 2019.
- F4The Deferred Shares were awarded under the Deferred Share Plan.
- F5Includes approximately 650 dividend-equivalent Deferred Shares accrued between June 2015 and March 2016.