SEC Form 4 · accession 0001294671-19-000018
KEYCORP /NEW/ · KEY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis A Devine
Officer — Co-Pres., Key Community Bank
Period of report
Feb 17, 2019
Accepted (ET)
Feb 20, 2019 · 4:55 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, 2019 | M | 19,396 | — | A | 150,629 | D | |
| Common Shares | Feb 17, 2019 | F | 5,889 | $17.51 | D | 144,740 | D | |
| Common SharesF2 | Feb 18, 2019 | A | 30,277 | — | A | 175,017 | D | |
| Common Shares | Feb 18, 2019 | F | 9,285 | $17.51 | D | 165,732 | 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 UnitsF1,F3,F4 | — | Feb 17, 2019 | M | 4,684 | D | — | — | Common Shares | 4,684 | 0 | D |
| Restricted Stock UnitsF6,F1,F5 | — | Feb 17, 2019 | M | 6,172 | D | — | — | Common Shares | 6,172 | 6,172 | D |
| Restricted Stock UnitsF8,F1,F7 | — | Feb 17, 2019 | M | 4,371 | D | — | — | Common Shares | 4,371 | 8,738 | D |
| Restricted Stock UnitsF10,F1,F9 | — | Feb 17, 2019 | M | 4,169 | D | — | — | Common Shares | 4,169 | 12,507 | D |
| Restricted Stock UnitsF1,F11 | — | Feb 18, 2019 | A | 25,128 | A | — | — | Common Shares | 25,128 | 25,128 | D |
| Option to BuyF12 | $17.51 | Feb 18, 2019 | A | 35,830 | A | — | Feb 18, 2029 | Common Shares | 35,830 | 35,830 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one KeyCorp common share at vesting.
- F10Includes approximately 502 dividend-equivalent restricted stock units accrued between March and December 2018.
- F11The restricted stock units, granted on February 18, 2019, vest in four equal annual installments beginning on February 17, 2020.
- F12The options to buy, granted on February 18, 2019, vest in four equal annual installments beginning on February 17, 2020.
- F2These shares were received for no consideration upon the satisfaction of certain performance criteria underlying the performance share units granted on February 15, 2016.
- F3These restricted stock units, granted on February 16, 2015, vested in four equal annual installments ending on February 17, 2019.
- F4Includes approximately 141 dividend-equivalent restricted stock units accrued between March and December 2018.
- F5The restricted stock units, granted on February 15, 2016, vest in four equal annual installments beginning on February 17, 2017.
- F6Includes approximately 371 dividend-equivalent restricted stock units accrued between March and December 2018.
- F7The restricted stock units, granted on February 20, 2017, vest in four equal annual installments beginning on February 17, 2018.
- F8Includes approximately 394 dividend-equivalent restricted stock units accrued between March and December 2018.
- F9The restricted stock units, granted on February 19, 2018, vest in four equal annual installments beginning on February 17, 2019.