Nicholas Cumins - 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
+$530,152
Form type
4
Filing time
25 Jan 2024, 16:28:33 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 $996,384 +19,610 +12% $50.81 176,939 23 Jan 2024 Direct F1
transaction BSY Class B Common Stock Tax liability $466,233 -9,176 -5.2% $50.81 167,763 23 Jan 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.