<SEC-DOCUMENT>0000091576-22-000042.txt : 20220222
<SEC-HEADER>0000091576-22-000042.hdr.sgml : 20220222
<ACCEPTANCE-DATETIME>20220222173050
ACCESSION NUMBER:		0000091576-22-000042
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220217
FILED AS OF DATE:		20220222
DATE AS OF CHANGE:		20220222

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Schosser Douglas M
		CENTRAL INDEX KEY:			0001390812

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11302
		FILM NUMBER:		22659567

	MAIL ADDRESS:	
		STREET 1:		127 PUBLIC SQUARE
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44114-1306

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KEYCORP /NEW/
		CENTRAL INDEX KEY:			0000091576
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				346542451
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		127 PUBLIC SQ
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44114-1306
		BUSINESS PHONE:		2166896300

	MAIL ADDRESS:	
		STREET 1:		127 PUBLIC SQ
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44114-1306

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SOCIETY CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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<TYPE>4
<SEQUENCE>1
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<DESCRIPTION>FORM 4
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            <rptOwnerName>Schosser Douglas M</rptOwnerName>
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            <rptOwnerStreet2>127 PUBLIC SQUARE</rptOwnerStreet2>
            <rptOwnerCity>CLEVELAND</rptOwnerCity>
            <rptOwnerState>OH</rptOwnerState>
            <rptOwnerZipCode>44114</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Accounting Officer</officerTitle>
            <otherText></otherText>
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        <derivativeTransaction>
            <securityTitle>
                <value>Deferred Shares</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F9"/>
            </conversionOrExercisePrice>
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                <value>2022-02-17</value>
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                <transactionFormType>4</transactionFormType>
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                <transactionShares>
                    <value>5434</value>
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                <transactionPricePerShare>
                    <footnoteId id="F11"/>
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                    <value>A</value>
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    <footnotes>
        <footnote id="F1">Each restricted stock unit represents the right to receive one KeyCorp common share at vesting.</footnote>
        <footnote id="F2">Reported as of February 15, 2022.</footnote>
        <footnote id="F3">These restricted stock units, granted on February 19, 2018, vested in four equal annual installments ending on February 17, 2022.</footnote>
        <footnote id="F4">Includes approximately 55 dividend-equivalent restricted stock units accrued between March and December 2021.</footnote>
        <footnote id="F5">These restricted stock units, granted on February 18, 2019, vest in four equal annual installments beginning on February 17, 2020.</footnote>
        <footnote id="F6">Includes approximately 121 dividend-equivalent restricted stock units accrued between March and December 2021.</footnote>
        <footnote id="F7">These restricted stock units, granted on February 15, 2021, vest in four equal annual installments beginning on February 17, 2022.</footnote>
        <footnote id="F8">Includes approximately 221 dividend-equivalent restricted stock units accrued between March and December 2021.</footnote>
        <footnote id="F9">Each deferred share represents a right to receive the cash value of one share of common stock.</footnote>
        <footnote id="F10">The deferred shares become payable upon the reporting person's termination of employment with KeyCorp and its subsidiaries.</footnote>
        <footnote id="F11">In connection with the vesting on February 17, 2022, of cash-settling performance shares previously granted to the reporting person, the reporting person's receipt of the cash value of 5,434 shares ofcommon stock was deferred, resulting in the reporting person's receipt instead of 5,434 deferred shares pursuant to KeyCorp's Long-Term Incentive Deferral Plan.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Carrie A. Benedict POA for Douglas M. Schosser</signatureName>
        <signatureDate>2022-02-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
