David R. Shaman - Jan 22, 2025 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
Jan 22, 2025
Transactions value $
$416,060
Form type
4
Date filed
1/24/2025, 04:15 PM
Previous filing
Dec 31, 2024
Next filing
Feb 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Award $593K +12.7K +1.85% $46.56 701K Jan 22, 2025 Direct F1
transaction BSY Class B Common Stock Tax liability -$177K -3.8K -0.54% $46.56 697K Jan 22, 2025 Direct F2, F3
holding BSY Class B Common Stock 270K Jan 22, 2025 By Grantor Retained Annuity Trusts
holding BSY Class B Common Stock 32.6K Jan 22, 2025 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 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.
F3 Includes shares of Class B common stock acquired by the Reporting Person through the Bentley Systems, Incorporated Global Employee Stock Purchase Plan for an offering period ended on December 31, 2024 for which the Reporting Person's enrollment and contribution elections were made in June 2024.