Chris Spurio - Aug 1, 2022 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Role
President, Financial Services
Signature
Michael W. Gleespen, attorney-in-fact for Chris Spurio
Stock symbol
CBZ
Transactions as of
Aug 1, 2022
Transactions value $
-$1,568,422
Form type
4
Date filed
8/3/2022, 04:19 PM
Previous filing
Feb 16, 2022
Next filing
Aug 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $498K +32K +19.58% $15.55 196K Aug 1, 2022 Direct F1
transaction CBZ Common Stock Sale -$1.48M -32K -16.37% $46.08 164K Aug 1, 2022 Direct F2
transaction CBZ Common Stock Options Exercise $310K +19.9K +12.18% $15.55 184K Aug 2, 2022 Direct F1
transaction CBZ Common Stock Sale -$901K -19.9K -10.86% $45.19 164K Aug 2, 2022 Direct F3

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 -32K -42.7% $0.00 43K Aug 1, 2022 Common Stock 32K $15.55 Direct
transaction CBZ Employee Stock Option Options Exercise $0 -19.9K -46.37% $0.00 23.1K Aug 2, 2022 Common Stock 19.9K $15.55 Direct
holding CBZ Employee Stock Option 75K Aug 1, 2022 Common Stock 75K $19.45 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of Options granted 5/10/2017 vesting in 25% increments each year beginning 05/10/2018 and expiring on 05/10/2023.
F2 Weighted average sale price of price range between $45.82 and $46.41. Will provide upon request number of shares sold at each separate price.
F3 Weighted average sale price of price between $45.00 and $45.90. Will provide upon request number of shares at each separate price.