Brock Ballard - Jan 23, 2024 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
Jan 23, 2024
Transactions value $
$390,424
Form type
4
Date filed
1/25/2024, 04:23 PM
Previous filing
Jan 3, 2024
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Award $563K +11.1K +20.72% $50.81 64.5K Jan 23, 2024 Direct F1
transaction BSY Class B Common Stock Tax liability -$172K -3.39K -5.25% $50.81 61.1K Jan 23, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired upon the vesting of performance-based restricted stock units previously granted to the Reporting Person.
F2 Represents shares withheld by the Issuer to cover taxes upon the vesting of performance-based restricted stock units previously granted to the Reporting Person.