David R. Shaman - May 3, 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chief Legal Officer
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
May 3, 2023
Transactions value $
-$445,878
Form type
4
Date filed
5/5/2023, 04:19 PM
Previous filing
Apr 21, 2023
Next filing
May 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Tax liability -$446K -10.5K -1.79% $42.57 575K May 3, 2023 Direct F1
holding BSY Class B Common Stock 320K May 3, 2023 By Grantor Retained Annuity Trusts
holding BSY Class B Common Stock 32.6K May 3, 2023 By 401(K) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class B Common Stock withheld by the Issuer to cover taxes due by the Reporting Person upon a scheduled distribution of Class B Common Stock from the Issuer's Non-Qualified Deferred Compensation Plan.