Werner Andre - May 16, 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chief Financial Officer
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
May 16, 2023
Transactions value $
-$252,735
Form type
4
Date filed
5/18/2023, 04:26 PM
Previous filing
Apr 21, 2023
Next filing
May 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Options Exercise $63K +11.9K +5.9% $5.31 213K May 16, 2023 Direct
transaction BSY Class B Common Stock Tax liability -$253K -5.51K -2.58% $45.91 208K May 16, 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 -$63K -11.9K -35.19% $5.31 21.9K May 16, 2023 Class B Common Stock 11.9K $5.31 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 and taxes in connection with a cashless exercise of stock options by the Reporting Person.
F2 These options are fully vested.