SEC Form 4 · accession 0001294671-17-000021
KEYCORP /NEW/ · KEY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L. Hartmann
Officer — Chief Risk Officer
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 5:05 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 | 16,153 | — | A | 112,574 | D | |
| Common Shares | Feb 17, 2017 | F | 5,533 | $18.96 | D | 107,041 | D | |
| Common SharesF3 | Feb 20, 2017 | A | 23,569 | — | A | 130,610 | D | |
| Common Shares | Feb 20, 2017 | F | 7,861 | $18.96 | D | 122,749 | 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 UnitsF5,F1,F4 | — | Feb 17, 2017 | M | 5,776 | D | — | — | Common Shares | 5,776 | 5,775 | D |
| Restricted Stock UnitsF7,F1,F6 | — | Feb 17, 2017 | M | 4,266 | D | — | — | Common Shares | 4,266 | 8,533 | D |
| Restricted Stock UnitsF9,F1,F8 | — | Feb 17, 2017 | M | 6,111 | D | — | — | Common Shares | 6,111 | 18,334 | D |
| Restricted Stock UnitsF1,F10 | — | Feb 20, 2017 | A | 17,799 | A | — | — | Common Shares | 17,799 | 17,799 | D |
| Option to BuyF11 | $18.96 | Feb 20, 2017 | A | 13,586 | A | — | Feb 20, 2027 | Common Shares | 13,586 | 13,586 | 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 20, 2017, vest in four equal annual installments beginning on February 17, 2018.
- F11The options to buy, granted on February 20, 2017, vest in four equal annual installments beginning on February 17, 2018.
- F2Includes approximately 27 common shares acquired through dividend reinvestments in March 2016.
- F3These shares were received for no consideration upon the satisfaction of certain performance criteria underlying the performance share units granted on February 17, 2014.
- F4These restricted stock units, granted on February 17, 2014, vest in four equal annual installments that began on February 17, 2015.
- F5Includes approximately 290 dividend-equivalent restricted stock units accrued between March and December 2016.
- F6The restricted stock units, granted on February 16, 2015, vest in four equal annual installments beginning on February 17, 2016.
- F7Includes approximately 321 dividend-equivalent restricted stock units accrued between March and December 2016.
- F8The restricted stock units, granted on February 15, 2016, vest in four equal annual installments beginning on February 17, 2017.
- F9Includes approximately 614 dividend-equivalent restricted stock units accrued between March and December 2016.