Barry J. Bentley - Sep 9, 2022 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
Sep 9, 2022
Transactions value $
-$7,683,388
Form type
4
Date filed
9/13/2022, 04:22 PM
Previous filing
Jun 27, 2022
Next filing
Sep 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Gift $0 +675K +5.25% $0.00 13.5M Sep 6, 2022 Direct F1
transaction BSY Class B Common Stock Sale -$6.19M -161K -1.19% $38.53 13.4M Sep 9, 2022 Direct F2, F3
transaction BSY Class B Common Stock Sale -$1.45M -38.2K -0.29% $37.93 13.3M Sep 12, 2022 Direct F2, F4
transaction BSY Class B Common Stock Sale -$40.6K -1.05K -0.01% $38.61 13.3M Sep 12, 2022 Direct F2, F5
holding BSY Class B Common Stock 92.7K Sep 9, 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 a distribution of shares from a grantor retained annuity trust. The Reporting Person has disclaimed beneficial ownership of all shares held by such trust.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on September 9, 2022 at prices ranging from $38.19 to $39.095. The Reporting Person undertakes to provide to Bentley Systems, Incorporated, any security holder of Bentley Systems, Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on September 12, 2022 at prices ranging from $37.50 to $38.48. The Reporting Person undertakes to provide to Bentley Systems, Incorporated, any security holder of Bentley Systems, Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on September 12, 2022 at prices ranging from $38.50 to $38.61. The Reporting Person undertakes to provide to Bentley Systems, Incorporated, any security holder of Bentley Systems, Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.