Michael P. Kouzelos - Mar 15, 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 15, 2022
Transactions value $
-$709,126
Form type
4
Date filed
3/17/2022, 04:40 PM
Previous filing
Mar 15, 2022
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $307K +19.7K +7.23% $15.55 293K Mar 15, 2022 Direct
transaction CBZ Common Stock Sale -$789K -19.7K -6.74% $40.00 273K Mar 15, 2022 Direct F1
transaction CBZ Common Stock Options Exercise $143K +9.2K +3.37% $15.55 282K Mar 16, 2022 Direct
transaction CBZ Common Stock Sale -$370K -9.2K -3.26% $40.20 273K Mar 16, 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 -19.7K -68.2% $0.00 9.2K Mar 15, 2022 Common Stock 19.7K $15.55 Direct F3
transaction CBZ Employee Stock Option Options Exercise $0 -9.2K -100% $0.00* 0 Mar 16, 2022 Common Stock 9.2K $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 $39.63 and $40.25. Will provide upon request number of shares sold at each separate price.
F2 Weighted average sale price of price range between $40.01 and $40.48. 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.