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

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
Jan 24, 2023
Transactions value $
$416,615
Form type
4
Date filed
1/26/2023, 03:45 PM
Previous filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Award $610K +15.9K +1.84% $38.32 880K Jan 24, 2023 Direct F1
transaction BSY Class B Common Stock Tax liability -$193K -5.05K -0.57% $38.32 875K Jan 24, 2023 Direct F2
holding BSY Class B Common Stock 28.5K Jan 24, 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.