Werner Andre - May 22, 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 22, 2023
Transactions value $
-$52
Form type
4
Date filed
5/24/2023, 04:11 PM
Previous filing
May 18, 2023
Next filing
Jun 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Options Exercise $116K +21.9K +10.53% $5.31 230K May 22, 2023 Direct
transaction BSY Class B Common Stock Tax liability -$116K -2.48K -1.08% $46.90 227K May 22, 2023 Direct F1
transaction BSY Class B Common Stock Options Exercise $90.5K +15.8K +6.94% $5.74 243K May 22, 2023 Direct
transaction BSY Class B Common Stock Tax liability -$90.6K -1.93K -0.79% $46.90 241K May 22, 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 $0 -21.9K -100% $0.00* 0 May 22, 2023 Class B Common Stock 21.9K $5.31 Direct F2
transaction BSY Stock Options (Right to Buy) Options Exercise $0 -15.8K -45.07% $0.00 19.2K May 22, 2023 Class B Common Stock 15.8K $5.74 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 These options are fully vested and exercisable.