PLUSH MARK J 4

Accession 0001209191-10-052083

CIK 0000054991other

View on SEC.gov Company Profile

Filed

Oct 28, 8:00 PM ET

Accepted

Oct 29, 12:18 PM ET

Size

41.2 KB

Accession

0001209191-10-052083

Insider Transaction Report

Form 4

Period: 2010-10-27

KEITHLEY INSTRUMENTS INCKEI

PLUSH MARK J

VP, CFO

Transactions

Other
Common Shares
2010-07-16$8.39/sh+429$3,598→ 44,376 total
Other
Common Shares
2010-07-06$8.98/sh+12$108→ 43,947 total
Other
Common Shares
2010-01-06$4.55/sh+8$36→ 42,738 total
Other
Common Shares
2010-04-06$6.59/sh+5$33→ 42,743 total
Gift
Common Shares
2010-10-21−2,300→ 42,081 total
Tax Payment
Common Shares
2010-10-27$21.53/sh−3,834$82,546→ 50,247 total
Other
Common Shares
2010-10-05$21.45/sh+2$43→ 1,350 total(indirect: By Trust)
Exercise/Conversion
Performance Award Unit
2010-10-27−9,600→ 0 total
From: 2010-09-30→ Common Shares (9,600 underlying)
Other
Common Shares
2010-10-05$21.45/sh+5$107→ 44,381 total
Exercise/Conversion
Common Shares
2010-10-27+12,000→ 54,081 total
Other
Common Shares
2010-01-06$4.55/sh+3$14→ 1,339 total(indirect: By Trust)
Other
Common Shares
2010-04-06$6.59/sh+3$20→ 1,342 total(indirect: By Trust)
Other
Common Shares
2010-07-06$8.98/sh+6$54→ 1,348 total(indirect: By Trust)

Holdings

Common Share Option
Exercise: $18.41From: 2003-07-25Exp: 2011-07-24→ Common Shares (38,000 underlying)
38,000
Common Share Option
Exercise: $9.12From: 2009-11-09Exp: 2017-11-09→ Common Shares (12,700 underlying)
12,700
Common Stock Option
Exercise: $4.26From: 2011-12-04Exp: 2019-12-04→ Common Shares (22,250 underlying)
22,250
Common Share Option
Exercise: $16.12From: 2005-08-10Exp: 2013-07-18→ Common Shares (33,000 underlying)
33,000
Common Share Option
Exercise: $18.75From: 2005-02-15Exp: 2014-07-16→ Common Shares (28,000 underlying)
28,000
Common Share Option
Exercise: $15.05From: 2007-10-04Exp: 2015-10-03→ Common Shares (10,400 underlying)
10,400
Common Stock Option
Exercise: $2.99From: 2011-02-06Exp: 2019-02-06→ Common Shares (27,500 underlying)
27,500
Restricted Shares
952
Common Share Option
Exercise: $13.76From: 2004-07-24Exp: 2012-07-23→ Common Shares (25,029 underlying)
25,029
Restricted Unit Award
Exercise: $0.00→ Common Shares (4,600 underlying)
4,600
Performance Award Unit
Exercise: $0.00From: 2012-09-30→ Common Shares (22,250 underlying)
22,250

Footnotes (12)

[F1]Acquired through Employee Stock Purchase and Dividend Reinvestment Plan.
[F10]Option became fully vested on August 10, 2005
[F11]Restricted unit awards will become fully vested on February 6, 2013. Common shares represented by such vested restricted unit awards will be delivered promptly after such vesting date.
[F12]Each Performance Award Unit represents a right to receive one common share. The number of units comprising the initial award are adjusted (ranging from a maximum of twice the number of units comprising the initial award, to a minimum of no units), based on award program metrics that compare the Company's total shareholder return performance occurring during the Measurement Period to comparable total shareholder return performance reported by companies in the Russell Microcap Index. Awarded units earned based on these metrics as of September 30, 2012 (the vesting date) are converted to shares under the Plan and will be issued on or before December 31, 2012.
[F2]Includes 1,192 shares for which restrictions lapsed on June 1, 2010, which were previously reported as restricted shares
[F3]Each Performance Award Unit represented the right to receive one common share. The number of units initially awarded was a target (as shown in Table II), and the actual number of units that vested and converted to shares (which could range from 0 shares to twice the target number of shares) was based upon: a) the Company's revenue growth as compared to a defined Peer Group and, b) the Company maintaining an acceptable level of profitability during the performance period which ended on September 30, 2010. Based on the Company's performance, the units converted into a number of shares equal to 1.25 times the target number.
[F4]Shares issuable upon vesting of Performance Award Units were withheld to settle associated tax liabilities.
[F5]Restricted Shares will become fully vested on June 1, 2011
[F6]Christopher M. Plush Trust, Virginia A. Plush Trustee
[F7]Option became fully vested on February 15, 2005
[F8]Pursuant to a domestic relations order, the reporting person is deemed to hold 16,251 options for his former spouse and may exercise the option solely upon the direct of his former spouse who is entitled to the shares issued upon exercise. The reporting person disclaims beneficial ownership with respect to the options held for the benefit of his former spouse.
[F9]Date reported applies to 50% of total, one-half of the balance is then exercisable in each succeeding year.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

KEITHLEY INSTRUMENTS INC

CIK 0000054991

→

Entity typeother

Related Parties

filerCIK 0001198942

Filing Metadata

Form type: 4
Filed: Oct 28, 8:00 PM ET
Accepted: Oct 29, 12:18 PM ET
Size: 41.2 KB

View on SEC.gov