Gus Bergsma - 24 Jan 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Mr. Bergsma is the Company's former Chief Revenue Officer.
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
24 Jan 2023
Net transactions value
+$416,615
Form type
4
Filing time
26 Jan 2023, 15:45:57 UTC
Previous filing
05 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 Award $610,093 +15,921 +1.8% $38.32 879,948 24 Jan 2023 Direct F1
transaction BSY Class B Common Stock Tax liability $193,478 -5,049 -0.57% $38.32 874,899 24 Jan 2023 Direct F2
holding BSY Class B Common Stock 28,466 24 Jan 2023 By 401(K) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Gus Bergsma is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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.

Remarks:

Mr. Bergsma is the Company's former Chief Revenue Officer.