KEYCORP /NEW/ — Director's Dealing 2011

Sep 19, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2011-09-16

Reporting Person: STEVENS THOMAS G (Director, Vice Chair and CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-16	Common Shares	M	22005	—	Acquired	364633	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-16	Restricted Stock Units	$6.53	F	15903	Disposed	2011-09-16	Common Shares (15903)	Direct
2011-09-16	Restricted Stock Units	$	M	22005	Disposed	2011-09-16	Common Shares (22005)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	4695	Indirect

Footnotes

F1: As of December 31, 2010.

F2: Conversion to common shares is on a one to one basis.

F3: Restricted Stock Units remaining after taxes and distribution.