David R. Shaman - 03 May 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
03 May 2023
Net transactions value
-$445,878
Form type
4
Filing time
05 May 2023, 16:19:54 UTC
Previous filing
21 Apr 2023
Next filing
11 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Tax liability $445,878 -10,474 -1.8% $42.57 575,253 03 May 2023 Direct F1
holding BSY Class B Common Stock 320,000 03 May 2023 By Grantor Retained Annuity Trusts
holding BSY Class B Common Stock 32,635 03 May 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.