Michael M. Campbell - Sep 10, 2024 Form 4/A - Amendment Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
Sep 10, 2024
Transactions value $
-$216,416
Form type
4/A - Amendment
Date filed
9/19/2024, 04:15 PM
Date Of Original Report
Sep 12, 2024
Previous filing
Sep 10, 2024
Next filing
Sep 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Sale -$131K -2.78K -3.68% $47.10 72.8K Sep 10, 2024 Direct F1, F2, F3
transaction BSY Class B Common Stock Sale -$85.6K -1.8K -2.48% $47.54 71K Sep 10, 2024 Direct F1, F2, F4
* 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 March 1, 2024.
F2 Due to an error by the broker that executed the sales reflected on the original Form 4 filed on September 12, 2024, the number of shares of Class B Common Stock reported as sold by the Reporting Person was overstated by an aggregate of 3,203 shares. Accordingly, this amendment is being filed to correct the number of shares sold by the Reporting Person on September 10, 2024.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on September 10, 2024 at prices ranging from $46.46 to $47.45. The Reporting Person undertakes to provide to Bentley Systems, Incorporated, any security holder of Bentley Systems, Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on September 10, 2024 at prices ranging from $47.46 to $47.61. The Reporting Person undertakes to provide to Bentley Systems, Incorporated, any security holder of Bentley Systems, Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.