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Director's Dealing 2007

Mar 12, 2007

30283_dirs_2007-03-12_e9250f4a-8da3-4a56-bc8e-06c50befd0bf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2007-03-09

Reporting Person: Morris Robert L (Chief Accounting Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-09	Phantom Shares	$0	A	610	Acquired	2010-03-09	Common Shares (610)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	4579	Direct
Common Shares	4310	Indirect

Footnotes

F1: As of December 31, 2006.

F2: Under Automatic Deferral Plan, a portion of compensation is deferred over three-year period and paid in Treasury Shares or transferred to Deferred Savings Plan.

F3: Conversion to common shares is on a one to one basis.