GREGORY S. BENTLEY - 03 Jan 2022 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chairman, CEO & President, Director, 10%+ Owner
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
03 Jan 2022
Net transactions value
-$11,129,457
Form type
4
Filing time
05 Jan 2022, 15:50:09 UTC
Previous filing
20 Dec 2021
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Tax liability $11,129,457 -229,568 -2.6% $48.48 8,627,188 03 Jan 2022 Direct F1, F2
holding BSY Class B Common Stock 136,512 03 Jan 2022 By spouse
holding BSY Class B Common Stock 92,654 03 Jan 2022 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 of Class B Common Stock withheld by the Issuer to cover taxes due by the Reporting Person upon a scheduled distribution of Class B Common Stock from the Issuer's Non-Qualified Deferred Compensation Plan.
F2 Represents the volume weighted average price of the Issuer's Class B Common Stock as calculated pursuant to the Issuer's Non-Qualified Deferred Compensation Plan.