BENTLEY SYSTEMS INC — Director's Dealing 2023

May 1, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BENTLEY SYSTEMS INC (BSY)
CIK: 0001031308
Period of Report: 2023-04-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-27	Class B Common Stock	A	790	$42.18	Acquired	17334095	Direct
2023-04-27	Class B Common Stock	A	3181	$42.18	Acquired	17337276	Direct
2023-04-27	Class B Common Stock	F	1392	$42.18	Disposed	17335884	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	92654	Indirect

Footnotes

F1: 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.

F2: Represents the stock portion of compensation paid to the Reporting Person pursuant to the Issuer's Bonus Pool Plan (the "Bonus Pool Payment").

F3: Represents shares withheld by the Issuer to cover taxes owed by the Reporting Person in respect of the Bonus Pool Payment.