David J. Hollister - 27 Aug 2021 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role: Title: Chief Financial Officer and Chief Operations Advancement Officer
Signature: /s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol: BSY
Transactions as of: 27 Aug 2021
Net transactions value: -$55,728,148
Form type: 4
Filing time: 31 Aug 2021, 16:16:44 UTC
Previous filing: 18 Aug 2021
Next filing: 13 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BSY	Class B Common Stock	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$55,728,148	-875,678	-27%	$63.64	2,364,341	27 Aug 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a voluntary reallocation of a deemed investment in phantom shares of company stock into alternative deemed investment choices in accordance with the terms of the Issuer's non-qualified deferred compensation plan.

Remarks:

Title: Chief Financial Officer and Chief Operations Advancement Officer