KEYCORP /NEW/ — Director's Dealing 2009

May 4, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2009-05-01

Reporting Person: MOONEY BETH E (Vice Chair)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-05-01	Common Shares	D	7981	—	Disposed	130953	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-05-01	Phantom Shares	$0	D	7981	Disposed	2009-05-01	Common Shares (7981)	Direct
2009-05-01	Phantom Shares	$5.88	F	1054	Disposed	2009-05-01	Common Shares (1054)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	1085	Indirect

Footnotes

F1: As of December 31, 2008.

F2: Performance Shares that did not vest.

F3: Phantom Shares remaining in Deferred Savings Plan Common Stock Fund.