Chris Spurio - Aug 3, 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 3, 2022
Transactions value $
-$291,330
Form type
4
Date filed
8/5/2022, 04:08 PM
Previous filing
Aug 3, 2022
Next filing
Aug 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $153K +9.83K +6.01% $15.55 173K Aug 3, 2022 Direct F1
transaction CBZ Common Stock Tax liability -$444K -9.83K -5.67% $45.19 164K Aug 3, 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 -9.83K -42.64% $0.00 13.2K Aug 3, 2022 Common Stock 9.83K $15.55 Direct
holding CBZ Employee Stock Option 75K Aug 3, 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 $45.00 and $45.39. Will provide upon request number of shares sold at each separate price.