David J. Hollister - Feb 2, 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role: Chief Investment Officer
Signature: /s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol: BSY
Transactions as of: Feb 2, 2023
Transactions value $: -$4,112,496
Form type: 4
Date filed: 2/6/2023, 03:23 PM
Previous filing: Jan 26, 2023
Next filing: Mar 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BSY	Class B Common Stock	Sale	-$4.11M	-100K	-4.86%	$41.01	1.96M	Feb 2, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2022.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on February 2, 2023 at prices ranging from $41.00 to $41.48. The reporting person undertakes to provide to Bentley Systems, Incorporated, any security holder of Bentley Systems, Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Content

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2022.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on February 2, 2023 at prices ranging from $41.00 to $41.48. The reporting person undertakes to provide to Bentley Systems, Incorporated, any security holder of Bentley Systems, Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.