Nicholas Cumins - 24 Jan 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
24 Jan 2023
Net transactions value
+$507,127
Form type
4
Filing time
26 Jan 2023, 15:50:33 UTC
Previous filing
12 Dec 2022
Next filing
09 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Award $965,626 +25,199 +15% $38.32 188,242 24 Jan 2023 Direct F1
transaction BSY Class B Common Stock Tax liability $458,499 -11,965 -6.4% $38.32 176,277 24 Jan 2023 Direct F2
* 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.