Keith A. Bentley - 19 Oct 2021 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chief Technology Officer, Director, 10%+ Owner
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
19 Oct 2021
Net transactions value
+$1,580,339
Form type
4
Filing time
21 Oct 2021, 18:56:51 UTC
Previous filing
13 Sep 2021
Next filing
20 Dec 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 Gift $0 -500 -0% $0.000000 16,034,585 05 Oct 2021 Direct
transaction BSY Class B Common Stock Award $514,411 +8,886 +0.06% $57.89 16,043,471 19 Oct 2021 Direct F1
transaction BSY Class B Common Stock Award $1,894,277 +32,722 +0.2% $57.89 16,076,193 19 Oct 2021 Direct F2
transaction BSY Class B Common Stock Tax liability $828,348 -14,309 -0.09% $57.89 16,061,884 19 Oct 2021 Direct F3
holding BSY Class B Common Stock 92,654 19 Oct 2021 By 401(K) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents compensation paid to the Reporting Person and deferred into the Issuer's non-qualified deferred compensation plan and invested in fully-vested phantom shares that are distributable to the Reporting Person as shares of Class B Common Stock at a future date in accordance with the terms of the plan and the Reporting Person's plan election.
F2 Represents the stock portion of compensation paid to the Reporting Person pursuant to the Issuer's Bonus Pool Plan (the "Bonus Pool Payment").
F3 Represents shares withheld by the Issuer to cover taxes owed by the Reporting Person in respect of the Bonus Pool Payment.