BENTLEY SYSTEMS INC — Director's Dealing 2020

Nov 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BENTLEY SYSTEMS INC (BSY)
CIK: 0001031308
Period of Report: 2020-06-12

Reporting Person: Bentley Keith A. (Director, Chief Technology Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-12	Class B Common Stock	A	5682	—	Acquired	16546584	Direct
2020-07-10	Class B Common Stock	A	680	—	Acquired	16547264	Direct
2020-09-02	Class B Common Stock	A	287149	—	Acquired	16834413	Direct
2020-09-03	Class B Common Stock	A	5742	—	Acquired	16840155	Direct
2020-11-02	Class B Common Stock	A	12917	$35.78	Acquired	16853072	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	92654	Indirect

Footnotes

F1: Represents dividend equivalent rights that accrued to the Reporting Person in connection with a dividend paid by the Issuer on awards previously granted and vest on the same terms as the awards to which they relate.

F2: Represents a grant of restricted stock that vested upon the consummation of the Issuer's initial public offering.

F3: Represents compensation paid to the Reporting Person and deferred into the Issuer's non-qualified deferred compensation plan and invested in fully-vested phantom shares that are distributable to the Reporting Person as shares of Class B Common Stock at a future date in accordance with the terms of the plan and the Reporting Person's plan election.