Published: December 11, 2009
Keithley Instruments Chairman and CEO Enters Into 10b5-1 Plan to Purchase Company Shares
CLEVELAND - (BUSINESS WIRE) - Keithley Instruments, Inc. (NYSE: KEI), a world leader in advanced
electrical test instruments and systems, announced today that Joseph P.
Keithley, its Chairman, President and Chief Executive Officer, has
established a trading plan to purchase Common Shares of the Company on
the open market at prevailing market prices and subject to maximum price
thresholds specified in the plan over a period of approximately seven
months. Mr. Keithley does not expect to purchase more than an aggregate
of $200,000 in shares under the plan.
The trading plan was adopted in accordance with guidelines specified
under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
Rule 10b5-1 permits the implementation of a plan to prearrange purchases
or sales of securities if the plan is adopted at a time when the
purchaser or seller is not aware of any material non-public information.
All trades will be publicly reported on Forms 144 and Forms 4 filed with
the Securities and Exchange Commission.
About Keithley Instruments, Inc.
With more than 60 years of measurement expertise, Keithley Instruments
has become a world leader in advanced electrical test instruments and
systems. Our customers are scientists and engineers in the worldwide
electronics industry involved with advanced materials research,
semiconductor device development and fabrication, and the production of
end products such as portable wireless devices. The value we provide
them is a combination of products for their critical measurement needs
and a rich understanding of their applications to improve the quality of
their products and reduce their cost of test.
Keithley Instruments, Inc.
Mark J. Plush, 440-248-0400
Vice
President and Chief Financial Officer
Fax: 440-248-6168
http://www.keithley.com
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