KEYCORP /NEW/ — Director's Dealing 2009

Jul 28, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2009-07-27

Reporting Person: Morris Robert L (Chief Accounting Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-07-27	Option to Buy	$5.55	A	24200	Acquired	2019-07-27	Common Shares (24200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	20157	Direct
Common Shares	8423	Indirect

Footnotes

F1: As of December 31, 2008.

F2: Options vest in three annual installments.