Statement of Changes in Beneficial Ownership (4)
January 03 2020 - 04:46PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
MANOS KRISTEN L |
2. Issuer Name and Ticker or Trading Symbol
KEYCORP /NEW/
[
KEY
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
|
(Last)
(First)
(Middle)
C/O KEYCORP, 127 PUBLIC SQUARE |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/31/2019 |
(Street)
CLEVELAND, OH 44114
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Shares | 1/1/2020 | | M | | 7022 | A | (1) | 95386 | D | |
Common Shares | 1/1/2020 | | M | | 25844 | A | (2) | 121231 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Deferred Shares | (3) | 12/31/2019 | | A | | 1235 | | (4) | (4) | Common Shares | 1235 | $20.24 | 87124 (5) | D | |
Deferred Shares | (1) | 1/1/2020 | | M | | | 7022 | 1/1/2020 | 1/1/2020 | Common Shares | 7022 | (1) | 80102 | D | |
Deferred Shares | (2) | 1/1/2020 | | M | | | 25844 (6) | 1/1/2020 | 1/1/2020 | Common Shares | 25844 | (2) | 0 | D | |
Explanation of Responses: |
(1) | Each Deferred Share is the economic equivalent of one Common Share. |
(2) | Prior 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. |
(3) | Directors may elect to defer the payment of directors' fees into the Directors' Deferred Share Sub-Plan to the KeyCorp 2019 Equity Compensation Plan (the "Deferred Share Plan"). The deferred fees are converted into deferred shares, which are the economic equivalent of common shares. |
(4) | Under the terms of the Deferred Share Plan, payment of the deferred shares has been deferred until the earlier of January 1, 2027 or the death of the participant. |
(5) | Includes approximately 785 dividend-equivalent deferred shares accrued under the Deferred Share Plan in December 2019. |
(6) | Includes approximately 2,858 dividend-equivalent deferred shares accrued under the Deferred Compensation Plan between March 2016 and December 2019. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
MANOS KRISTEN L C/O KEYCORP 127 PUBLIC SQUARE CLEVELAND, OH 44114 | X |
|
|
|
Signatures
|
Carrie A. Benedict POA for Kristen L. Manos | | 1/3/2020 |
**Signature of Reporting Person | Date |
KeyCorp (NYSE:KEY)
Historical Stock Chart
From Feb 2024 to Mar 2024
KeyCorp (NYSE:KEY)
Historical Stock Chart
From Mar 2023 to Mar 2024