Werner Andre - Feb 9, 2024 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
Feb 9, 2024
Transactions value $
-$357,264
Form type
4
Date filed
2/13/2024, 04:29 PM
Previous filing
Jan 25, 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 Options Exercise $110K +19.2K +7.66% $5.74 270K Feb 9, 2024 Direct
transaction BSY Class B Common Stock Tax liability -$468K -8.88K -3.28% $52.66 261K Feb 9, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BSY Stock Options (Right to Buy) Options Exercise $0 -19.2K -100% $0.00* 0 Feb 9, 2024 Class B Common Stock 19.2K $5.74 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to cover the exercise price and taxes in connection with a cashless exercise of stock options by the Reporting Person.
F2 These options were fully vested and have been exercised in full.