David R. Shaman - Jan 3, 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chief Legal Officer
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
Jan 3, 2023
Transactions value $
-$25,747
Form type
4
Date filed
1/5/2023, 03:53 PM
Previous filing
Dec 12, 2022
Next filing
Jan 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Tax liability -$25.7K -694 -0.1% $37.10 701K Jan 3, 2023 Direct F1, F2
holding BSY Class B Common Stock 195K Jan 3, 2023 By Grantor Retained Annuity Trust
holding BSY Class B Common Stock 32.6K Jan 3, 2023 By 401(K) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares withheld from restricted stock unit awards to cover tax obligations for colleagues eligible for retirement vesting under the terms of the Company's 2020 Omnibus Incentive Plan.
F2 Includes shares of Class B common stock acquired by the Reporting Person through the Bentley Systems, Incorporated Global Employee Stock Purchase Plan for an offering period ended on December 31, 2022 for which the Reporting Person's enrollment and contribution elections were made in June 2022.