David R. Shaman - 03 Jan 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chief Legal Officer
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
03 Jan 2023
Net transactions value
-$25,747
Form type
4
Filing time
05 Jan 2023, 15:53:08 UTC
Previous filing
12 Dec 2022
Next filing
26 Jan 2023
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 Tax liability $25,747 -694 -0.1% $37.10 701,025 03 Jan 2023 Direct F1, F2
holding BSY Class B Common Stock 195,000 03 Jan 2023 By Grantor Retained Annuity Trust
holding BSY Class B Common Stock 32,635 03 Jan 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.