Werner Andre - 09 Feb 2024 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
09 Feb 2024
Net transactions value
-$357,264
Form type
4
Filing time
13 Feb 2024, 16:29:15 UTC
Previous filing
25 Jan 2024
Next filing
15 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Options Exercise $110,357 +19,226 +7.7% $5.74 270,331 09 Feb 2024 Direct
transaction BSY Class B Common Stock Tax liability $467,621 -8,880 -3.3% $52.66 261,451 09 Feb 2024 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 -19,226 -100% $0.000000* 0 09 Feb 2024 Class B Common Stock 19,226 $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 shares withheld by the Issuer to cover the exercise price and taxes in connection with a cashless exercise of stock options by the Reporting Person.
F2 These options were fully vested and have been exercised in full.