Kirk B. Griswold - 20 Mar 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Director
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
20 Mar 2023
Net transactions value
-$53,081
Form type
4
Filing time
21 Mar 2023, 16:21:00 UTC
Previous filing
09 Mar 2023
Next filing
05 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Options Exercise $53,050 +10,000 +2% $5.30 512,306 20 Mar 2023 Direct
transaction BSY Class B Common Stock Tax liability $53,081 -1,289 -0.25% $41.18 511,017 20 Mar 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BSY Stock Options (Right to Buy) Options Exercise $53,050 -10,000 -100% $5.30 0 20 Mar 2023 Class B Common Stock 10,000 $5.30 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to cover the exercise price in connection with a cashless exercise of stock options by the Reporting Person.
F2 These options were fully vested and have been exercised in full.