Werner Andre - 17 Feb 2022 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
17 Feb 2022
Transactions value $
-$119,738
Form type
4
Filing time
22 Feb 2022, 17:43:31 UTC
Previous filing
21 Jan 2022
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Options Exercise $120K +30.9K +27.37% $3.88* 144K 17 Feb 2022 Direct
transaction BSY Class B Common Stock Tax liability -$120K -3.17K -2.2% $37.82 140K 17 Feb 2022 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 -$120K -30.9K -97.03% $3.88* 946 17 Feb 2022 Class B Common Stock 31.8K $3.88 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Class B Common Stock owned by the Reporting Person and relinquished to the Issuer to cover the exercise price of the options exercised via a stock swap exercise method.
F2 These options are fully vested.