Keith A. Bentley - Apr 23, 2024 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Director, 10%+ Owner
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
Apr 23, 2024
Transactions value $
-$936,155
Form type
4
Date filed
4/25/2024, 04:15 PM
Previous filing
Apr 1, 2024
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Sale -$936K -17K -0.1% $55.00 17.2M Apr 23, 2024 Direct F1
holding BSY Class B Common Stock 100K Apr 23, 2024 By spouse
holding BSY Class B Common Stock 92.7K Apr 23, 2024 By 401(K) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 8, 2023.