These key flags are defined in the OpenPGP specOpenPGP spec
5.2.3.21. Key Flags
(N octets of flags)
This subpacket contains a list of binary flags that hold information about a key. It is a string of octets, and an implementation MUST NOT assume a fixed size. This is so it can grow over time. If a list is shorter than an implementation expects, the unstated flags are considered to be zero. The defined flags are as follows:
First octet: 0x01 - This key may be used to certify other keys. 0x02 - This key may be used to sign data. 0x04 - This key may be used to encrypt communications. 0x08 - This key may be used to encrypt storage. 0x10 - The private component of this key may have been split by a secret-sharing mechanism. 0x20 - This key may be used for authentication. 0x80 - The private component of this key may be in the possession of more than one person.