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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1032761	Keynote Systems Inc	KEYN	Services-Business Services, Nec (7389)	943226488

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1511336	Andrew Shawn White	777 Mariners Island Boulevard San Mateo CA 94404	Vice President Of Operations	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2012-07-31	771	$11.69	1,544	No	4	A	Direct
Common Stock	Disposition	2012-08-07	1,750	$0.00	3,294	No	4	M	Direct
Common Stock	Acquisiton	2012-08-07	676	$13.47	2,618	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Acquisiton	2012-08-07	1,750	$0.00	1,750	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2012-07-01		No	4	M	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Stock Units	$0.00	2014-02-01		7,500	7,500	Direct
Common Stock	Restricted Stock Units	$0.00	2015-07-01		2,250	2,250	Direct
Common Stock	Common Stock	$13.01	2005-07-16	2014-07-16	2,500	2,500	Direct
Common Stock	Common Stock	$11.98	2006-07-01	2015-07-01	5,000	5,000	Direct
Common Stock	Common Stock	$10.31	2007-07-01	2016-07-01	3,125	3,125	Direct
Common Stock	Common Stock	$13.43	2008-08-03	2017-08-03	2,500	2,013	Direct
Common Stock	Common Stock	$12.65	2009-07-07	2018-07-07	1,750	1,750	Direct
Common Stock	Common Stock	$10.73	2004-07-18	2013-07-18	2,500	1,823	Direct
Common Stock	Restricted Stock Units	$0.00	2013-10-01		3,250	3,250	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	7,500	7,500	Direct
	2,250	2,250	Direct
2014-07-16	2,500	2,500	Direct
2015-07-01	5,000	5,000	Direct
2016-07-01	3,125	3,125	Direct
2017-08-03	2,500	2,013	Direct
2018-07-07	1,750	1,750	Direct
2013-07-18	2,500	1,823	Direct
	3,250	3,250	Direct

Footnotes

Shares were purchased through a qualified ESPP.
Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
The resticted stock units will vest on 02/01/2014.
The Restricted Stock Units will vest four years from the date of grant.
Option is fully vested as of the filing of this Form 4.
The Restricted Stock Units will vest on 10/01/2013.
Represents shares sold for payment of tax liability related to Restricted Stock Units that were settled with Reporting Person on 08/07/2012.
The Restricted Stock Units vested on 07/01/2012 and settled on 08/07/2012.