Company: KEY-PI
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-066284
Chunk: 61

Company: KEYCORP /NEW/
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 61
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 by Mr. Paine, who elected to defer payment on a portion of his performance award under the Long-Term Incentive Deferral Plan (see page 58 of this proxy statement). In particular, Mr. Paine elected to defer payment of 19,754 performance shares, with a vesting date value of $338,588. |

| 55 |

Compensation of Executive Officers and Directors

| (3) | Mss. Brady and Mago and Messrs. Khayat, Gorman, and Paine each received a grant of restricted stock units on February 24, 2020, one-quarter of which vested on February 17, 2024. |

| (4) | Mss. Brady and Mago and Messrs. Khayat, Gorman, and Paine each received a grant of restricted stock units on February 15, 2021, one-quarter of which vested on February 17, 2025. |

| (5) | Mss. Brady and Mago and Messrs. Khayat, Gorman, and Paine each received a grant of restricted stock units on February 14, 2022, one-quarter of which will vest on February 17, 2026. |

| (6) | Mss. Brady and Mago and Messrs. Khayat, Gorman, and Paine each received a grant of restricted stock units on February 17, 2023, one-quarter of which will vest on February 17, 2027. |

| (7) | Mr. Khayat received a grant of restricted stock units on May 12, 2021, which vested on May 12, 2024. |

2024 Pension Benefits Table The following table presents information about the NEOs’ participation in KeyCorp’s defined benefit pension plans. Values for participating NEOs are reported as of December 31, 2024. NEOs who have not participated in KeyCorp’s defined benefit pension plans are excluded from this table.

| Name                        |     | Plan Name                               |     | Years of 
 Credited 
  Service 
      (#) |     |     Present 
    Value of 
 Accumulated 
    Benefits 
         ($) |     | Payments        
 During Last     
 Fiscal Year ($) |   |
| Christopher M. Gorman       |     | Consolidated Cash Balance Pension Plan  |     |       18 |     |     244,813 |     |                 | — |