SEC Form 4 · accession 0001294671-18-000025
KEYCORP /NEW/ · KEY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew J Paine III
Officer — Co-Head Corporate Bank
Period of report
Feb 17, 2018
Accepted (ET)
Feb 21, 2018 · 5:39 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, 2018 | M | 110,852 | — | A | 195,904 | D | |
| Common Shares | Feb 17, 2018 | F | 43,137 | $21.02 | D | 152,767 | D | |
| Common SharesF2 | holding | — | — | — | 18,042 | I | 401(k) Plan | |
| Common Shares | holding | — | — | — | 26,930 | I | By spouse | |
| Common Shares | holding | — | — | — | 445 | I | By Paine Investments LP |
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,F4 | — | Feb 17, 2018 | M | 53,003 | D | — | — | Common Shares | 53,003 | 0 | D |
| Restricted Stock UnitsF1,F5,F6 | — | Feb 17, 2018 | M | 8,841 | D | — | — | Common Shares | 8,841 | 0 | D |
| Restricted Stock UnitsF8,F1,F7 | — | Feb 17, 2018 | M | 10,506 | D | — | — | Common Shares | 10,506 | 10,506 | D |
| Restricted Stock UnitsF10,F1,F9 | — | Feb 17, 2018 | M | 28,813 | D | — | — | Common Shares | 28,813 | 57,627 | D |
| Restricted Stock UnitsF12,F1,F11 | — | Feb 17, 2018 | M | 9,689 | D | — | — | Common Shares | 9,689 | 29,064 | D |
| Restricted Stock UnitsF1,F13 | — | Feb 19, 2018 | A | 36,156 | A | — | — | Common Shares | 36,156 | 36,156 | D |
| Option to BuyF14 | $21.02 | Feb 19, 2018 | A | 37,109 | A | — | Feb 19, 2028 | Common Shares | 37,109 | 37,109 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one KeyCorp common share at vesting.
- F10Includes approximately 1,736 dividend-equivalent restricted stock units accrued between March and December 2017.
- F11The restricted stock units, granted on February 20, 2017, vest in four equal annual installments beginning on February 17, 2018.
- F12Includes approximately 777 dividend-equivalent restricted stock units accrued between March and December 2017.
- F13The restricted stock units, granted on February 19, 2018, vest in four equal annual installments beginning on February 17, 2019.
- F14The options to buy, granted on February 19, 2018, vest in four equal annual installments beginning on February 17, 2019.
- F2Reported as of January 26, 2018.
- F3These restricted stock units, granted on February 16, 2015, vested in full on February 17, 2018.
- F4Includes approximately 2,028 dividend-equivalent restricted stock units accrued since June 2016.
- F5These restricted stock units, granted on February 17, 2014, vested in four equal annual installments ending on February 17, 2018.
- F6Includes approximately 177 dividend-equivalent restricted stock units accrued between March and December 2017.
- F7The restricted stock units, granted on February 16, 2015, vest in four equal annual installments beginning on February 17, 2016.
- F8Includes approximately 423 dividend-equivalent restricted stock units accrued between March and December 2017.
- F9The restricted stock units, granted on February 15, 2016, vest in four equal annual installments beginning on February 17, 2017.