Michael M. Campbell - 23 Jan 2024 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
23 Jan 2024
Net transactions value
+$577,049
Form type
4
Filing time
25 Jan 2024, 16:27:41 UTC
Previous filing
18 Dec 2023
Next filing
15 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Award $827,797 +16,292 +23% $50.81 86,422 23 Jan 2024 Direct F1
transaction BSY Class B Common Stock Tax liability $250,747 -4,935 -5.7% $50.81 81,620 23 Jan 2024 Direct F2, F3
* 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.