Gregory S. Bentley - Jan 3, 2022 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chairman, CEO & President, Director, 10%+ Owner
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
Jan 3, 2022
Transactions value $
-$11,129,457
Form type
4
Date filed
1/5/2022, 03:50 PM
Previous filing
Dec 20, 2021
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Tax liability -$11.1M -230K -2.59% $48.48 8.63M Jan 3, 2022 Direct F1, F2
holding BSY Class B Common Stock 137K Jan 3, 2022 By spouse
holding BSY Class B Common Stock 92.7K Jan 3, 2022 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 shares of Class B Common Stock withheld by the Issuer to cover taxes due by the Reporting Person upon a scheduled distribution of Class B Common Stock from the Issuer's Non-Qualified Deferred Compensation Plan.
F2 Represents the volume weighted average price of the Issuer's Class B Common Stock as calculated pursuant to the Issuer's Non-Qualified Deferred Compensation Plan.