Michael P. Kouzelos - Mar 11, 2022 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Role
President, Employee Services
Signature
/s/ Michael W Gleespen, attorney-in-fact for Michael P Kouzelos
Stock symbol
CBZ
Transactions as of
Mar 11, 2022
Transactions value $
-$370,983
Form type
4
Date filed
3/15/2022, 04:35 PM
Previous filing
Mar 11, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $92.3K +5.94K +2.17% $15.55 279K Mar 11, 2022 Direct
transaction CBZ Common Stock Sale -$232K -5.94K -2.13% $39.09 273K Mar 11, 2022 Direct F1
transaction CBZ Common Stock Options Exercise $151K +9.73K +3.56% $15.55 283K Mar 14, 2022 Direct
transaction CBZ Common Stock Sale -$383K -9.73K -3.44% $39.32 273K Mar 14, 2022 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 -5.94K -13.31% $0.00 38.7K Mar 11, 2022 Common Stock 5.94K $15.55 Direct F3
transaction CBZ Employee Stock Option Options Exercise $0 -9.73K -25.17% $0.00 28.9K Mar 14, 2022 Common Stock 9.73K $15.55 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 $38.75 and $39.48. Will provide upon request number of shares sold at each separate price.
F2 Weighted average sale price of price range between $38.93 and $39.53. Will provide upon request number of shares sold at each separate price.
F3 Consists of Options granted on 5/10/2017 vesting in 25% increments each year beginning 05/10/2018 and expiring on 05/10/2023.