Bentley Gregory S's Form 4/A amendment
AmendedBentley Systems Inc (BSY) · filed Jan 21, 2022
- Accession no.
- 0001104659-22-006566
- Filed
- Jan 21, 2022
- Trade date
- May 13, 2021-Jan 19, 2022
- Filing delay
- 253 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- May 17, 2021
This filing lists 3 non-derivative transactions. Open-market sales total $2.91M. It was filed 253 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Bentley Gregory SCIK 0001214661 | Director, Officer (Chairman, CEO & President), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 13, 2021 | Class B Common Stock | SSaleDisposed | −61,312 | $47.50 | −$2,912,320 | 137,512 | Indirect | |
| Jan 19, 2022 | Class B Common Stock | AGrant or awardAcquired | +79,210 | $38.88 | +$3,079,684.8 | 8,706,398 | Direct | |
| Jan 19, 2022 | Class B Common Stock | FTax withholdingDisposed | −34,617 | $38.88 | −$1,345,908.96 | 8,671,781 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents a sale by the Reporting Person's spouse to a trust. The Reporting Person disclaims beneficial ownership of all shares of Class B Common Stock held by such trust. The transaction previously reported on May 13, 2021 erroneously reflected the disposition of 62,312 shares of Class B Common Stock rather than 61,312 shares of Class B Common Stock. The securities disposed of and amount of securities beneficially owned following the reported transaction have been corrected accordingly.
- 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.