SEC Form 4 · accession 0001294671-18-000002
KEYCORP /NEW/ · KEY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H James Dallas
Director
Period of report
Jan 1, 2018
Accepted (ET)
Jan 3, 2018 · 5:11 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 | Jan 1, 2018 | M | 29,800 | — | A | 85,957 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred SharesF2,F1 | — | Jan 1, 2018 | M | 29,800 | D | Jan 1, 2018 | Jan 1, 2018 | Common Shares | 29,800 | 0 | D |
Explanation of responses
- F1Prior to 2014, directors were permitted to defer the payment of directors' fees into the KeyCorp Second Directors' Deferred Compensation Plan ("Deferred Compensation Plan"). The deferred fees were converted to deferred shares, which are the economic equivalent of common shares. These deferred shares are being distributed as common shares pursuant to the terms of the Deferred Compensation Plan.
- F2Includes approximately 2,804 dividend-equivalent deferred shares accrued under the Deferred Compensation Plan between June 2013 and December 2017.