David R. Shaman - 14 Dec 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chief Legal Officer
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
14 Dec 2023
Net transactions value
-$28,662
Form type
4
Filing time
18 Dec 2023, 19:54:09 UTC
Previous filing
05 Sep 2023
Next filing
25 Jan 2024
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 Award $0 +370 +0.05% $0.000000 684,765 14 Dec 2023 Direct F1
transaction BSY Class B Common Stock Tax liability $28,662 -566 -0.08% $50.64 684,199 18 Dec 2023 Direct F2
holding BSY Class B Common Stock 252,838 14 Dec 2023 By Grantor Retained Annuity Trusts
holding BSY Class B Common Stock 32,635 14 Dec 2023 By 401(K) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents dividend equivalent rights that accrued to the Reporting Person in connection with a dividend paid by the Issuer on awards previously granted and vest on the same terms as the awards to which they relate.
F2 Reflects shares withheld from restricted stock unit awards to cover tax obligations for colleagues eligible for retirement vesting under the terms of the Company's 2020 Omnibus Incentive Plan.