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

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
Dec 14, 2023
Transactions value $
-$28,662
Form type
4
Date filed
12/18/2023, 07:54 PM
Previous filing
Sep 5, 2023
Next filing
Jan 25, 2024

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% $0.00 685K Dec 14, 2023 Direct F1
transaction BSY Class B Common Stock Tax liability -$28.7K -566 -0.08% $50.64 684K Dec 18, 2023 Direct F2
holding BSY Class B Common Stock 253K Dec 14, 2023 By Grantor Retained Annuity Trusts
holding BSY Class B Common Stock 32.6K Dec 14, 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.