BENTLEY SYSTEMS INC — Director's Dealing 2022

Feb 23, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BENTLEY SYSTEMS INC (BSY)
CIK: 0001031308
Period of Report: 2022-02-18

Reporting Person: Bergsma Gus (Chief Revenue Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-18	Class B Common Stock	M	65836	$3.88	Acquired	845119	Direct
2022-02-18	Class B Common Stock	F	29583	$37.92	Disposed	815536	Direct
2022-02-22	Class B Common Stock	M	35154	$3.88	Acquired	850690	Direct
2022-02-22	Class B Common Stock	F	3708	$36.79	Disposed	846982	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-18	Stock Options (Right to Buy)	$3.88	M	65836	Disposed	2022-02-28	Class B Common Stock (65836)	Direct
2022-02-22	Stock Options (Right to Buy)	$3.88	M	35154	Disposed	2022-02-28	Class B Common Stock (35154)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	28466	Indirect

Footnotes

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: Represents the number of shares of Class B Common Stock owned by the Reporting Person and relinquished to the Issuer to cover the exercise price of the options exercised via a stock swap exercise method.

F3: These options were fully vested and have been exercised in full.