SEC Form 4 · accession 0001294671-17-000058
KEYCORP /NEW/ · KEY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ruth Ann M Gillis
Director
Period of report
May 18, 2017
Accepted (ET)
May 22, 2017 · 4:40 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 Shares | holding | — | — | — | 5,934 | D | ||
| Common SharesF1 | holding | — | — | — | 12,900 | I | By Trust | |
| Common SharesF2,F3 | holding | — | — | — | 14,938 | I | By GRAT | |
| Common SharesF3 | holding | — | — | — | 7,900 | I | By GRAT | |
| Common SharesF3 | holding | — | — | — | 2,000 | I | By GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred SharesF6,F7,F4,F5 | — | May 18, 2017 | A | 6,787 | A | — | — | Common Shares | 6,787 | 73,664 | D |
Explanation of responses
- F1These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust.
- F2Includes 38 shares acquired through dividend reinvestment in March 2017.
- F3These shares are held in a grantor retained annuity trust for the benefit of the reporting person and the reporting person's children. The reporting person is the trustee of the trust.
- F4Each Deferred Share is the economic equivalent of one Common Share.
- F5Under the terms of KeyCorp's Directors' Deferred Share Sub-Plan of the KeyCorp 2013 Equity Compensation Plan (the "Deferred Share Plan"), payment of the deferred shares has been deferred until July 1, 2020.
- F6The Deferred Shares were awarded under the Deferred Share Plan.
- F7Includes approximately 309 dividend-equivalent Deferred Shares accrued in March 2017.