Narrative:

Departed teb runway 24 for the teb 5 departure. Turned 'on' autoplt at approximately 400 ft AGL (400 ft MSL). With the airspeed and altitude set to level off at 1500 ft MSL and airspeed set at 180 KTS; the autoplt did not level at 1500 ft MSL; but instead when through the altitude to 1750 ft MSL and then descended to 1500 ft MSL. In the future; I will 'hand fly' the airplane on the SID until the airplane is in a stabilized condition (on heading; on airspeed; and on altitude). No conflict with any other aircraft occurred and the controller did not comment on the altitude deviation.

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Original NASA ASRS Text

Title: CL604 FLT CREW OVERSHOOTS 1500 FT RESTR ON TEB 5 DEP.

Narrative: DEPARTED TEB RWY 24 FOR THE TEB 5 DEP. TURNED 'ON' AUTOPLT AT APPROX 400 FT AGL (400 FT MSL). WITH THE AIRSPEED AND ALT SET TO LEVEL OFF AT 1500 FT MSL AND AIRSPEED SET AT 180 KTS; THE AUTOPLT DID NOT LEVEL AT 1500 FT MSL; BUT INSTEAD WHEN THROUGH THE ALT TO 1750 FT MSL AND THEN DSNDED TO 1500 FT MSL. IN THE FUTURE; I WILL 'HAND FLY' THE AIRPLANE ON THE SID UNTIL THE AIRPLANE IS IN A STABILIZED CONDITION (ON HEADING; ON AIRSPEED; AND ON ALT). NO CONFLICT WITH ANY OTHER ACFT OCCURRED AND THE CTLR DID NOT COMMENT ON THE ALT DEVIATION.

Data retrieved from NASA's ASRS site as of January 2009 and automatically converted to unabbreviated mixed upper/lowercase text. This report is for informational purposes with no guarantee of accuracy. See NASA's ASRS site for official report.