Werner Andre - 22 May 2023 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chief Financial Officer
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
22 May 2023
Net transactions value
-$51.76
Form type
4
Filing time
24 May 2023, 16:11:24 UTC
Previous filing
18 May 2023
Next filing
22 Jun 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 Options Exercise $116,047 +21,875 +11% $5.30* 229,615 22 May 2023 Direct
transaction BSY Class B Common Stock Tax liability $116,078 -2,475 -1.1% $46.90 227,140 22 May 2023 Direct F1
transaction BSY Class B Common Stock Options Exercise $90,543 +15,774 +6.9% $5.74* 242,914 22 May 2023 Direct
transaction BSY Class B Common Stock Tax liability $90,564 -1,931 -0.79% $46.90 240,983 22 May 2023 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 $0 -21,875 -100% $0.000000* 0 22 May 2023 Class B Common Stock 21,875 $5.30 Direct F2
transaction BSY Stock Options (Right to Buy) Options Exercise $0 -15,774 -45% $0.000000 19,226 22 May 2023 Class B Common Stock 15,774 $5.74 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 options exercised via a stock swap exercise method.
F2 These options are fully vested and exercisable.