Werner Andre - 13 Mar 2024 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
13 Mar 2024
Transactions value $
-$79,202
Form type
4
Filing time
15 Mar 2024, 16:20:47 UTC
Previous filing
13 Feb 2024
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Tax liability -$79.2K -1.63K -0.62% $48.68 260K 13 Mar 2024 Direct F1
transaction BSY Class B Common Stock Award $0 +13.3K +5.11% $0.00 273K 13 Mar 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to cover taxes due by the Reporting Person upon the vesting of awards previously granted to the Reporting Person.
F2 Represents a time-based restricted stock unit award granted pursuant to the Issuer's 2020 Omnibus Incentive Plan which vests over four years with one-quarter of such award vesting on each grant date anniversary.