Jerome P. Grisko - Aug 3, 2022 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Role
CEO & President, Director
Signature
Michael W. Gleespen, attorney-in-fact for Jerome P. Grisko, Jr.
Stock symbol
CBZ
Transactions as of
Aug 3, 2022
Transactions value $
-$730,683
Form type
4
Date filed
8/5/2022, 04:48 PM
Previous filing
May 18, 2022
Next filing
Aug 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $160K +10.3K +30.88% $15.55 43.6K Aug 3, 2022 Direct
transaction CBZ Common Stock Tax liability -$302K -6.67K -15.3% $45.23 36.9K Aug 3, 2022 Direct F1
transaction CBZ Common Stock Options Exercise $684K +44K +119.19% $15.55 80.9K Aug 4, 2022 Direct
transaction CBZ Common Stock Tax liability -$1.27M -28.7K -35.45% $44.40 52.2K Aug 4, 2022 Direct F2
holding CBZ Common Stock 302K Aug 3, 2022 By spousal trust
holding CBZ Common Stock 442K Aug 3, 2022 By trust

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 -10.3K -5.71% $0.00 170K Aug 3, 2022 Common Stock 10.3K $15.55 Direct F3
transaction CBZ Employee Stock Option Options Exercise $0 -44K -25.91% $0.00 126K Aug 4, 2022 Common Stock 44K $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 $45.05 and $45.39. Will provide upon request number of shares sold at each separate price.
F2 Weighted average sale price of price range between between $44.11 and $44.98. Will provide upon request number of shares sold at each separate price.
F3 Consists of Options granted 05/10/2017 vesting in 25% increments each year beginning 05/10/2018 and expiring on 05/10/2023.