BENTLEY SYSTEMS INC — Director's Dealing 2023

Jan 26, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BENTLEY SYSTEMS INC (BSY)
CIK: 0001031308
Period of Report: 2023-01-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-24	Class B Common Stock	A	13151	$38.32	Acquired	17298693	Direct
2023-01-24	Class B Common Stock	A	54893	$38.32	Acquired	17353586	Direct
2023-01-24	Class B Common Stock	F	24256	$38.32	Disposed	17329330	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.