Michael P. Kouzelos - 15 Mar 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
Issuer symbol
CBZ
Transactions as of
15 Mar 2022
Net transactions value
-$709,126
Form type
4
Filing time
17 Mar 2022, 16:40:30 UTC
Previous filing
15 Mar 2022
Next filing
10 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $306,802 +19,730 +7.2% $15.55 292,705 15 Mar 2022 Direct
transaction CBZ Common Stock Sale $789,133 -19,730 -6.7% $40.00 272,975 15 Mar 2022 Direct F1
transaction CBZ Common Stock Options Exercise $143,060 +9,200 +3.4% $15.55 282,175 16 Mar 2022 Direct
transaction CBZ Common Stock Sale $369,855 -9,200 -3.3% $40.20 272,975 16 Mar 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 -19,730 -68% $0.000000 9,200 15 Mar 2022 Common Stock 19,730 $15.55 Direct F3
transaction CBZ Employee Stock Option Options Exercise $0 -9,200 -100% $0.000000* 0 16 Mar 2022 Common Stock 9,200 $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.