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

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Options Exercise $62,997 +11,875 +5.9% $5.30 213,245 16 May 2023 Direct
transaction BSY Class B Common Stock Tax liability $252,735 -5,505 -2.6% $45.91 207,740 16 May 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 $62,997 -11,875 -35% $5.30 21,875 16 May 2023 Class B Common Stock 11,875 $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 and taxes in connection with a cashless exercise of stock options by the Reporting Person.
F2 These options are fully vested.