0000091576-24-000035.txt : 20240221 0000091576-24-000035.hdr.sgml : 20240221 20240221191738 ACCESSION NUMBER: 0000091576-24-000035 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240216 FILED AS OF DATE: 20240221 DATE AS OF CHANGE: 20240221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Paine Andrew J III CENTRAL INDEX KEY: 0001669883 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11302 FILM NUMBER: 24661745 MAIL ADDRESS: STREET 1: 127 PUBLIC SQUARE CITY: CLEVELAND STATE: OH ZIP: 44114 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: KEYCORP /NEW/ CENTRAL INDEX KEY: 0000091576 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] ORGANIZATION NAME: 02 Finance IRS NUMBER: 346542451 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 127 PUBLIC SQ CITY: CLEVELAND STATE: OH ZIP: 44114-1306 BUSINESS PHONE: 2166896300 MAIL ADDRESS: STREET 1: 127 PUBLIC SQ CITY: CLEVELAND STATE: OH ZIP: 44114-1306 FORMER COMPANY: FORMER CONFORMED NAME: SOCIETY CORP DATE OF NAME CHANGE: 19920703 4 1 wk-form4_1708561046.xml FORM 4 X0508 4 2024-02-16 0 0000091576 KEYCORP /NEW/ KEY 0001669883 Paine Andrew J III C/O KEYCORP 127 PUBLIC SQUARE CLEVELAND OH 44114 0 1 0 0 Head of Institutional Bank 0 Common Shares 2024-02-16 4 M 0 13307 12.92 A 213721 D Common Shares 2024-02-16 4 F 0 13307 14.06 D 200414 D Common Shares 2024-02-17 4 M 0 29074 A 229488 D Common Shares 2024-02-17 4 F 0 9102 14.07 D 220386 D Common Shares 18514 I By spouse Common Shares 445 I By Paine Investments LP Common Shares 24066 I 401(k) Plan Common Shares 135000 I By GRAT Option to Buy 12.92 2024-02-16 4 M 0 13307 0 D 2024-02-17 Common Shares 13307 0 D Restricted Stock Units 2024-02-16 4 A 0 46908 0 A Common Shares 46908 46908 D Option to Buy 15.48 2024-02-16 4 A 0 64139 0 A 2034-02-16 Common Shares 64139 64139 D Deferred Shares 2024-02-16 4 A 0 18731 A Common Shares 18731 18731 D Restricted Stock Units 2024-02-17 4 M 0 10916 0 D Common Shares 10916 10915 D Restricted Stock Units 2024-02-17 4 M 0 8086 0 D Common Shares 8086 16170 D Restricted Stock Units 2024-02-17 4 M 0 10071 0 D Common Shares 10071 30211 D Each restricted stock unit represents the right to receive one KeyCorp common share at vesting. Reported as of February 14, 2024. These 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. This option vested in four equal annual installments ending on February 17, 2018. These restricted stock units, granted on February 16, 2024, vest in four equal annual installments beginning on February 17, 2025. The option to buy, granted on February 16, 2024, vests in four equal annual installments beginning on February 17, 2025. Each deferred share represents a right to receive the cash value of one share of common stock. The deferred shares become payable upon the reporting person's termination of employment with KeyCorp and its subsidiaries. In connection with the vesting on February 17, 2024, of cash-settling performance shares previously granted to the reporting person, the reporting person's receipt of the cash value of 18,731 shares of common stock was deferred, resulting in the reporting person's receipt instead of 18,731 deferred shares pursuant to KeyCorp's Long-Term Incentive Deferral Plan. These restricted stock units, granted on February 15, 2021, vest in four equal annual installments beginning on February 17, 2022. Includes approximately 1,455 dividend-equivalent restricted stock units accrued between March and December 2023. These restricted stock units, granted on February 14, 2022, vest in four equal annual installments beginning on February 17, 2023. Includes approximately 1,617 dividend-equivalent restricted stock units accrued between March and December 2023. These restricted stock units, granted on February 17, 2023, vest in four equal annual installments beginning on February 17, 2024. Includes approximately 2,685 dividend-equivalent restricted stock units accrued between March and December 2023. Adam J. Larkins POA for Andrew J. Paine III 2024-02-21