David R. Shaman - Jan 23, 2024 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chief Legal Officer
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
Jan 23, 2024
Transactions value $
$509,573
Form type
4
Date filed
1/25/2024, 04:25 PM
Previous filing
Dec 18, 2023
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 $723K +14.2K +2.08% $50.81 698K Jan 23, 2024 Direct F1
transaction BSY Class B Common Stock Tax liability -$214K -4.21K -0.6% $50.81 694K Jan 23, 2024 Direct F2, F3
holding BSY Class B Common Stock 253K Jan 23, 2024 By Grantor Retained Annuity Trusts
holding BSY Class B Common Stock 32.6K Jan 23, 2024 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 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.
F3 Includes shares acquired by the Reporting Person through the Bentley Systems, Incorporated Global Employee Stock Purchase Plan for an offering period ended on December 31, 2023 for which the Reporting Person's enrollment and contribution elections were made in June 2023.