SEC Form 4 · accession 0001294671-19-000024
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, 2019
Accepted (ET)
Feb 20, 2019 · 7:41 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 | 59,846 | — | A | 212,612 | D | |
| Common Shares | Feb 17, 2019 | F | 27,144 | $17.51 | D | 185,468 | D | |
| Common SharesF2 | holding | — | — | — | 18,662 | I | 401(k) Plan | |
| Common Shares | holding | — | — | — | 24,460 | 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, 2019 | M | 10,831 | D | — | — | Common Shares | 10,831 | 0 | D |
| Restricted Stock UnitsF6,F1,F5 | — | Feb 17, 2019 | M | 29,707 | D | — | — | Common Shares | 29,707 | 29,707 | D |
| Restricted Stock UnitsF8,F1,F7 | — | Feb 17, 2019 | M | 9,989 | D | — | — | Common Shares | 9,989 | 19,976 | D |
| Restricted Stock UnitsF10,F1,F9 | — | Feb 17, 2019 | M | 9,319 | D | — | — | Common Shares | 9,319 | 27,958 | D |
| Restricted Stock UnitsF1,F11 | — | Feb 18, 2019 | A | 45,688 | A | — | — | Common Shares | 45,688 | 45,688 | D |
| Option to BuyF12 | $17.51 | Feb 18, 2019 | A | 65,146 | A | — | Feb 18, 2029 | Common Shares | 65,146 | 65,146 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one KeyCorp common share at vesting.
- F10Includes approximately 1,121 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.
- F2Reported as of February 8, 2019.
- F3These restricted stock units, granted on February 16, 2015, vested in four equal annual installments ending on February 17, 2019.
- F4Includes approximately 326 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 1,787 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 901 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.