Filing Details

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* FlexShares Trust (Name of Issuer) Common Stock (Title of Class of Securities) 33939L837 (CUSIP Number) December 31, 2020 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No: 33939L837 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). KeyCorp I.R.S. Employer Identification No. 34-6542451 2. Check the Appropriate Box if a Member of a Group (See Instructions)(a) Not Applicable(b) Not Applicable 3. SEC Use Only ...................................................................... 4. Citizenship or Place of Organization State of Ohio Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power 1,711,146 6. Shared Voting Power 35,582 7. Sole Dispositive Power 1,616,027 8. Shared Dispositive Power 136,219 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,752,246 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) Not Applicable 11. Percent of Class Represented by Amount in Row (9) 7.96% 12. Type of Reporting Person (See Instructions) HC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* Item 1. (a) Name of Issuer FlexShares Trust (b) Address of Issuer's Principal Executive Offices 50 S. Lasalle Street Chicago, IL 60603 Item 2. (a) Name of Person Filing KeyCorp (b) Address of Principal Business Office or, if none, Residence 127 Public Square Cleveland, OH 44144-1306 (c) Citizenship United States, State of Ohio (d) Title of Class of Securities Common Stock (e) CUSIP Number 33939L837 Item 3. If this statement is filed pursuant to sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (g) [ X] A parent holding company or control person in accordance with section 240.13d-1(b)(1)(ii)(G); Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 1,752,246 (b) Percent of class: 7.96% (c) Number of shares as to which the person has: