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

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
May 13, 2021
Transactions value $
-$1,178,544
Form type
4/A - Amendment
Date filed
1/21/2022, 06:35 PM
Date Of Original Report
May 17, 2021
Next filing
Jun 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Sale -$2.91M -61.3K -30.84% $47.50 138K May 13, 2021 By spouse F1
transaction BSY Class B Common Stock Award $3.08M +79.2K +0.92% $38.88 8.71M Jan 19, 2022 Direct F2
transaction BSY Class B Common Stock Tax liability -$1.35M -34.6K -0.4% $38.88 8.67M Jan 19, 2022 Direct F3
holding BSY Class B Common Stock 92.7K May 13, 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.