Werner Andre - 22 May 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Reporting relationship: Chief Financial Officer
Issuer ticker: BSY
Reported as of: 22 May 2023
Net transaction value: -$51.76
SEC form: 4
Accepted by SEC: 24 May 2023, 16:11:24 UTC
Prior SEC filing: 18 May 2023
Next SEC filing: 22 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Michael T. Fischette, Attorney-in-Fact

Key filing fact

Werner Andre filed Form 4 for BENTLEY SYSTEMS INC (BSY) on 24 May 2023.

Key facts

This page summarizes Werner Andre's Form 4 filing for BENTLEY SYSTEMS INC (BSY).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 24 May 2023, 16:11.

Change

Previous filing in this sequence was filed on 18 May 2023.
Current net transaction value: -$51.76.

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.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BSY transaction

Class B Common Stock

Options Exercise

Transaction value: $116,047
Shares: +21,875
Change %: +11%
Price: $5.30
Shares after: 229,615
Date: 22 May 2023
Ownership: Direct

BSY transaction

Class B Common Stock

Tax liability

Transaction value: $116,078
Shares: -2,475
Change %: -1.1%
Price: $46.90
Shares after: 227,140
Date: 22 May 2023
Ownership: Direct
Footnotes: F1

BSY transaction

Class B Common Stock

Options Exercise

Transaction value: $90,543
Shares: +15,774
Change %: +6.9%
Price: $5.74
Shares after: 242,914
Date: 22 May 2023
Ownership: Direct

BSY transaction

Class B Common Stock

Tax liability

Transaction value: $90,564
Shares: -1,931
Change %: -0.79%
Price: $46.90
Shares after: 240,983
Date: 22 May 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BSY transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -21,875
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 May 2023
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 21,875
Exercise price: $5.30
Footnotes: F2

BSY transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -15,774
Change %: -45%
Price: $0.000000
Shares after: 19,226
Date: 22 May 2023
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 15,774
Exercise price: $5.74
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents the number of shares of Class B Common Stock owned by the Reporting Person and relinquished to the Issuer to cover the exercise price of options exercised via a stock swap exercise method.

Footnote F2

These options are fully vested and exercisable.