David R. Shaman - Mar 13, 2025 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Role
Chief Legal Officer
Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Stock symbol
BSY
Transactions as of
Mar 13, 2025
Transactions value $
-$107,936
Form type
4
Date filed
3/17/2025, 04:17 PM
Previous filing
Feb 4, 2025
Next filing
Mar 19, 2025
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 $0 +18.1K +2.58% $0.00 722K Mar 13, 2025 Direct F1
transaction BSY Class B Common Stock Tax liability -$108K -2.69K -0.37% $40.11 720K Mar 13, 2025 Direct F2
holding BSY Class B Common Stock 270K Mar 13, 2025 By Grantor Retained Annuity Trusts
holding BSY Class B Common Stock 32.6K Mar 13, 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 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.
F2 Represents shares of Class B Common Stock withheld by the Issuer to cover taxes due by the Reporting Person upon the vesting of awards previously granted to the Reporting Person.