David R. Shaman - Jan 24, 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 24, 2023
Transactions value $
$325,988
Form type
4
Date filed
1/26/2023, 03:41 PM
Previous filing
Jan 5, 2023
Next filing
Feb 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Award $466K +12.2K +1.73% $38.32 713K Jan 24, 2023 Direct F1
transaction BSY Class B Common Stock Tax liability -$140K -3.65K -0.51% $38.32 710K Jan 24, 2023 Direct F2
holding BSY Class B Common Stock 195K Jan 24, 2023 By Grantor Retained Annuity Trust
holding BSY Class B Common Stock 32.6K Jan 24, 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 Represents shares acquired upon the vesting of performance-based restricted stock units previously granted to the Reporting Person.
F2 Represents shares withheld by the Issuer to cover taxes upon the vesting of performance-based restricted stock units previously granted to the Reporting Person.