KEYCORP /NEW/ — Director's Dealing 2009

Jul 21, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2009-07-20

Reporting Person: MARTIN LAURALEE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-07-20	Common Shares	M	2216	$5.10	Acquired	13392	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-07-20	Phantom Shares	$5.10	M	4423	Disposed	2009-07-20	Common Shares (4423)	Direct

Footnotes

F1: Phantom Shares were distributed under Deferred Share Plan one half in cash and one half in Common Shares.