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 *

Burke Edward J.
2. Issuer Name and Ticker or Trading Symbol

KEYCORP /NEW/ [ KEY ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Co-Pres., Key Community Bank
(Last)          (First)          (Middle)

C/O KEYCORP, 127 PUBLIC SQUARE
3. Date of Earliest Transaction (MM/DD/YYYY)

2/21/2017
(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   2/21/2017     M    56038   A $11.16   231468   D  
 
Common Shares   2/21/2017     F    43922   D $19.09   187546   D  
 
Common Shares   2/21/2017     M    48000   A $6.12   235546   D  
 
Common Shares   2/21/2017     S    48000   D $19.03   (1) (2) 187546   D  
 
Common Shares   2/21/2017     M    26449   A $8.42   213995   D  
 
Common Shares   2/21/2017     F    18763   D $19.07   195232   D  
 
Common Shares   2/21/2017     M    23357   A $8.59   218589   D  
 
Common Shares   2/21/2017     F    16686   D $19.04   201903   D  
 
Common Shares   2/21/2017     M    45130   A $7.98   247033   D  
 
Common Shares   2/21/2017     F    31491   D $19.03   215542   D  
 
Common Shares   2/21/2017     M    13732   A $9.33   229274   D  
 
Common Shares   2/21/2017     F    10091   D $19.02   219183   D  
 
Common Shares   2/21/2017     M    10694   A $12.92   229877   D  
 
Common Shares   2/21/2017     F    8895   D $19.09   220982   D  
 
Common Shares   2/21/2017     M    12267   A $10.49   233249   D  
 
Common Shares   2/21/2017     F    9389   D $19.10   223860   D  
 
Common Shares   2/21/2017     S    113430   D $19.04   (2) (3) 110430   D  
 
Common Shares                  6612   (4) I   401(k) Plan  

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
Option to Buy   $11.16   2/21/2017     M         56038      (5) 7/25/2018   Common Shares   56038   $0   8962   D  
 
Option to Buy   $6.12   2/21/2017     M         48000    3/31/2011   (6) 6/12/2019   Common Shares   48000   $0   0   D  
 
Option to Buy   $8.42   2/21/2017     M         26449      (7) 7/27/2020   Common Shares   26449   $0   23752   D  
 
Option to Buy   $8.59   2/21/2017     M         23357      (8) 5/19/2021   Common Shares   23357   $0   23282   D  
 
Option to Buy   $7.98   2/21/2017     M         45130      (9) 3/2/2022   Common Shares   45130   $0   12531   D  
 
Option to Buy   $9.33   2/21/2017     M         13732      (10) 3/1/2023   Common Shares   13732   $0   4577   D  
 
Option to Buy   $12.92   2/21/2017     M         10694      (11) 2/17/2024   Common Shares   10694   $0   3564   D  
 
Option to Buy   $10.49   2/21/2017     M         12267      (12) 2/15/2026   Common Shares   12267   $0   36798   D  
 

Explanation of Responses:
( 1)  The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.02 to $19.07.
( 2)  The reporting person may provide to KeyCorp, any security holder of KeyCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
( 3)  The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.00 to $19.09.
( 4)  Reported as of February 9, 2017.
( 5)  This option vested in three equal annual installments ending on July 25, 2011.
( 6)  This option, which was issued on June 12, 2009 in connection with KeyCorp's participation in the U.S. Treasury's Troubled Assets Relief Program ("TARP"), was fully vested on the date of grant, but not exercisable until KeyCorp's repayment of its TARP obligations (which occurred on the date shown).
( 7)  This option vested in three equal annual installments ending on July 27, 2013.
( 8)  This option vested in four equal annual installments ending on May 19, 2015.
( 9)  This option vested in four equal annual installments ending on March 2, 2016.
( 10)  This option vests in four equal annual installments ending on March 1, 2017.
( 11)  This option vests in four equal annual installments ending on February 17, 2018.
( 12)  This option vests in four equal annual installments ending on February 17, 2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Burke Edward J.
C/O KEYCORP
127 PUBLIC SQUARE
CLEVELAND, OH 44114


Co-Pres., Key Community Bank

Signatures
Carrie A. Benedict POA for Edward J. Burke 2/23/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
KeyCorp (NYSE:KEY)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more KeyCorp Charts.
KeyCorp (NYSE:KEY)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more KeyCorp Charts.