SEC Form 4 · accession 0001294671-17-000015
KEYCORP /NEW/ · KEY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig A Buffie
Officer — Chief Human Resources Officer
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 5:02 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 | Feb 17, 2017 | M | 16,089 | — | A | 63,655 | D | |
| Common Shares | Feb 17, 2017 | F | 5,514 | $18.96 | D | 58,141 | D | |
| Common SharesF2 | Feb 20, 2017 | A | 24,134 | — | A | 82,275 | D | |
| Common Shares | Feb 20, 2017 | F | 8,049 | $18.96 | D | 74,226 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Feb 17, 2017 | M | 5,280 | D | — | — | Common Shares | 5,280 | 5,281 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 17, 2017 | M | 4,452 | D | — | — | Common Shares | 4,452 | 8,903 | D |
| Restricted Stock UnitsF1,F5 | — | Feb 17, 2017 | M | 6,357 | D | — | — | Common Shares | 6,357 | 19,067 | D |
| Restricted Stock UnitsF1,F6 | — | Feb 20, 2017 | A | 17,932 | A | — | — | Common Shares | 17,932 | 17,932 | D |
| Option to BuyF7 | $18.96 | Feb 20, 2017 | A | 14,130 | A | — | Feb 20, 2027 | Common Shares | 14,130 | 14,130 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one KeyCorp common share at vesting.
- F2These shares were received for no consideration upon the satisfaction of certain performance criteria underlying the performance share units granted on February 17, 2014.
- F3The restricted stock units, granted on February 17, 2014, vest in four equal annual installments that began on February 17, 2015.
- F4The restricted stock units, granted on February 16, 2015, vest in four equal annual installments beginning on February 17, 2016.
- F5The restricted stock units, granted on February 15, 2016, vest in four equal annual installments beginning on February 17, 2017.
- F6The restricted stock units, granted on February 20, 2017, vest in four equal annual installments beginning on February 17, 2018.
- F7The options to buy, granted on February 20, 2017, vest in four equal annual installments beginning on February 17, 2018.