Nicholas Cumins - 24 Jan 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chief Operating Officer
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
24 Jan 2023
Transactions value $
$507,127
Form type
4
Filing time
26 Jan 2023, 15:50:33 UTC
Previous filing
12 Dec 2022
Next filing
09 Mar 2023
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 Award $966K +25.2K +15.46% $38.32 188K 24 Jan 2023 Direct F1
transaction BSY Class B Common Stock Tax liability -$458K -12K -6.36% $38.32 176K 24 Jan 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired upon the vesting of performance-based restricted stock units previously granted to the Reporting Person.
F2 Represents shares withheld by the Issuer to cover taxes upon the vesting of performance-based restricted stock units previously granted to the Reporting Person.