SEC Form 4 · accession 0001294671-17-000016
KEYCORP /NEW/ · KEY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward J. Burke
Officer — Co-Pres., Key Community Bank
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,F2 | Feb 17, 2017 | M | 86,735 | — | A | 211,749 | D | |
| Common Shares | Feb 17, 2017 | F | 36,319 | $18.96 | D | 175,430 | D | |
| Common SharesF3 | holding | — | — | — | 6,612 | 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,F5 | — | Feb 17, 2017 | M | 37,133 | D | — | — | Common Shares | 37,133 | 0 | D |
| Restricted Stock UnitsF7,F1,F6 | — | Feb 17, 2017 | M | 9,283 | D | — | — | Common Shares | 9,283 | 9,283 | D |
| Restricted Stock UnitsF9,F1,F8 | — | Feb 17, 2017 | M | 30,051 | D | — | — | Common Shares | 30,051 | 60,099 | D |
| Restricted Stock UnitsF11,F1,F10 | — | Feb 17, 2017 | M | 10,268 | D | — | — | Common Shares | 10,268 | 30,801 | D |
| Restricted Stock UnitsF1,F12 | — | Feb 20, 2017 | A | 28,480 | A | — | — | Common Shares | 28,480 | 28,480 | D |
| Option to BuyF13 | $18.96 | Feb 20, 2017 | A | 23,913 | A | — | Feb 20, 2027 | Common Shares | 23,913 | 23,913 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one KeyCorp common share at vesting.
- F10The restricted stock units, granted on February 15, 2016, vest in four equal annual installments beginning on February 17, 2017.
- F11Includes approximately 1,031 dividend-equivalent restricted stock units accrued between March and December 2016.
- F12The restricted stock units, granted on February 20, 2017, vest in four equal annual installments beginning on February 17, 2018.
- F13The options to buy, granted on February 20, 2017, vest in four equal annual installments beginning on February 17, 2018.
- F2Includes approximately 39 common shares acquired through dividend reinvestments in March 2016.
- F3Reported as of February 9, 2017.
- F4Includes approximately 2,165 dividend-equivalent restricted stock units accrued between June 2014 and December 2016.
- F5These restricted stock units, granted on February 17, 2014, vested in full on February 17, 2017.
- F6These restricted stock units, granted on February 17, 2014, vest in four equal annual installments that began on February 17, 2015.
- F7Includes approximately 466 dividend-equivalent restricted stock units accrued between March and December 2016.
- F8The restricted stock units, granted on February 16, 2015, vest in four equal annual installments beginning on February 17, 2016.
- F9Includes approximately 2,263 dividend-equivalent restricted stock units accrued between March and December 2016.