Gregory S. Bentley - 13 May 2021 Form 4/A - Amendment Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chairman, CEO & President, Director, 10%+ Owner
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
13 May 2021
Net transactions value
-$1,178,544
Form type
4/A - Amendment
Filing time
21 Jan 2022, 18:35:31 UTC
Date Of Original Report
17 May 2021
Next filing
17 Jun 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 Sale $2,912,320 -61,312 -31% $47.50 137,512 13 May 2021 By spouse F1
transaction BSY Class B Common Stock Award $3,079,685 +79,210 +0.92% $38.88 8,706,398 19 Jan 2022 Direct F2
transaction BSY Class B Common Stock Tax liability $1,345,909 -34,617 -0.4% $38.88 8,671,781 19 Jan 2022 Direct F3
holding BSY Class B Common Stock 92,654 13 May 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 a sale by the Reporting Person's spouse to a trust. The Reporting Person disclaims beneficial ownership of all shares of Class B Common Stock held by such trust. The transaction previously reported on May 13, 2021 erroneously reflected the disposition of 62,312 shares of Class B Common Stock rather than 61,312 shares of Class B Common Stock. The securities disposed of and amount of securities beneficially owned following the reported transaction have been corrected accordingly.
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.