BENTLEY SYSTEMS INC — Director's Dealing 2020

Sep 25, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BENTLEY SYSTEMS INC (BSY)
CIK: 0001031308
Period of Report: 2020-09-23

Reporting Person: BENTLEY RICHARD P. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-23	Class B Common Stock	S	1000000	$22.00	Disposed	2000000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class A Common Stock	$		Class B Common Stock (1000000)	1000000	Direct

Footnotes

F1: These shares were sold by the Reporting Person in the Issuer's Initial Public Offering at a price per share of $22.00.

F2: Each share of Class A common stock of the Issuer ("Class A Common Stock") is entitled to 29 votes per share and is convertible at any time into one share of the Issuer's Class B Common Stock. Shares of Class A Common Stock will automatically convert into shares of Class B Common Stock upon certain transfers described in the Issuer's Amended and Restated Certificate of Incorporation.