David R. Shaman - Mar 13, 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
Mar 13, 2024
Transactions value $
-$70,975
Form type
4
Date filed
3/15/2024, 04:16 PM
Previous filing
Jan 25, 2024
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Tax liability -$71K -1.46K -0.29% $48.68 503K Mar 13, 2024 Direct F1
transaction BSY Class B Common Stock Award $0 +11.9K +2.36% $0.00 515K Mar 13, 2024 Direct F2
holding BSY Class B Common Stock 443K Mar 13, 2024 By Grantor Retained Annuity Trusts
holding BSY Class B Common Stock 32.6K Mar 13, 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 withheld by the Issuer to cover taxes due by the Reporting Person upon the vesting of awards previously granted to the Reporting Person.
F2 Represents a time-based restricted stock unit award granted pursuant to the Issuer's 2020 Omnibus Incentive Plan which vests over four years with one-quarter of such award vesting on each grant date anniversary.