Ware H. Grove - Feb 8, 2023 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Role
C.F.O.
Signature
Michael W. Gleespen, Attorney-In-Fact for Ware H. Grove
Stock symbol
CBZ
Transactions as of
Feb 8, 2023
Transactions value $
-$711,577
Form type
4
Date filed
2/10/2023, 03:03 PM
Previous filing
Dec 6, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Award $0 +31.4K +12.17% $0.00 289K Feb 8, 2023 Direct F1
transaction CBZ Common Stock Tax liability -$712K -14.7K -5.08% $48.40 275K Feb 8, 2023 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 Restricted Stock Units Award $0 +9.99K $0.00 9.99K Feb 8, 2023 Common Stock 9.99K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued pursuant to the vesting of performance-based performance share units awards made in 2020.
F2 Shares sold to cover taxes on grant of performance share units shares.
F3 The restricted stock units vest in three (3) equal annual installments beginning 2-8-2024.
F4 Each restricted stock unit represents a contingent right to receive one share of CBIZ common stock.