Ware H. Grove - May 5, 2021 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Role
C.F.O.
Signature
Michael W. Gleespen, Attorney-In-Fact for Ware H. Grove
Stock symbol
CBZ
Transactions as of
May 5, 2021
Transactions value $
-$359,825
Form type
4
Date filed
5/7/2021, 04:47 PM
Next filing
Aug 31, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $59.5K +5.75K +2.36% $10.35 249K May 5, 2021 Direct
transaction CBZ Common Stock Sale -$197K -5.75K -2.31% $34.32 243K May 5, 2021 Direct F1
transaction CBZ Common Stock Options Exercise $95.8K +9.25K +3.81% $10.35 252K May 6, 2021 Direct
transaction CBZ Common Stock Sale -$318K -9.25K -3.67% $34.35 243K May 6, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CBZ Employee Stock Option Options Exercise $0 -5.75K -16.42% $0.00 29.3K May 5, 2021 Common Stock 5.75K $10.35 Direct F3
transaction CBZ Employee Stock Option Options Exercise $0 -9.25K -31.63% $0.00 20K May 6, 2021 Common Stock 9.25K $10.35 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Weighted average sale price of price range between $34.30 and $34.43. Will provide upon request number of shares sold at each separate price.
F2 Weighted average sale price of price range between $34.30 and $34.40. Will provide upon request number of shares sold at each separate price.
F3 Consists of Options granted 05/10/2015, vesting in 25% increments each year beginning 05/10/2017, and expiring on 05/10/2022.