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

Role
Chief Financial Officer
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
16 May 2023
Net transactions value
-$252,735
Form type
4
Filing time
18 May 2023, 16:26:53 UTC
Previous filing
21 Apr 2023
Next filing
24 May 2023
SEC
View on sec.gov

Key filing fact

Werner Andre filed Form 4 for BENTLEY SYSTEMS INC (BSY) on 18 May 2023.

Key facts

  • This page summarizes Werner Andre's Form 4 filing for BENTLEY SYSTEMS INC (BSY).
  • 3 reported transactions and 1 derivative row are listed below.
  • Filing timestamp: 18 May 2023, 16:26.

Change

  • Previous filing in this sequence was filed on 21 Apr 2023.
  • Current net transaction value: -$252,735.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

BSY transaction

Class B Common Stock

Options Exercise

Transaction value
$62,997
Shares
+11,875
Change %
+5.9%
Price
$5.30
Shares after
213,245
Date
16 May 2023
Ownership
Direct
BSY transaction

Class B Common Stock

Tax liability

Transaction value
$252,735
Shares
-5,505
Change %
-2.6%
Price
$45.91
Shares after
207,740
Date
16 May 2023
Ownership
Direct
Footnotes
F1

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

BSY transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value
$62,997
Shares
-11,875
Change %
-35%
Price
$5.30
Shares after
21,875
Date
16 May 2023
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
11,875
Exercise price
$5.30
Footnotes
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.
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