X0306 4 2013-07-27 0000091576 KEYCORP /NEW/ KEY 0001328270 Carrabba Joseph A C/O KEYCORP 127 PUBLIC SQUARE CLEVELAND OH 44114 1 0 0 0 Common Shares 2013-07-29 4 M 0 8723 A 11223 D Common Shares 2013-07-29 4 D 0 4362 12.40 D 6862 D Deferred Shares 2013-07-27 4 F 0 8723 D 2013-07-27 2013-07-27 Common Shares 8723 24345 D Each Deferred Share was the economic equivalent of one KeyCorp Common Share. On July 27, 2013, 4,362 of Mr. Carrabba's Deferred Shares were settled for cash, and the remaining 4,362 Deferred Shares were settled for an equal number of KeyCorp Common Shares. The settlement date for the Deferred Shares was Saturday, July 17, 2013. Under the terms of the KeyCorp Directors' Deferred Share Plan, when the settlement date falls on a weekend or holiday, the value of the Deferred Shares settled for cash will equal the closing price of KeyCorp's Common Shares on the immediately preceding business day on which the New York Stock Exchange was open (July 16, 2013). Includes approximately 269 dividend-equivalent Deferred Shares accrued through July 2013. Frank P. Esposito Jr. POA for Joseph A. Carrabba 2013-07-30