Chris Spurio - Feb 8, 2023 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
Feb 8, 2023
Transactions value $
-$719,079
Form type
4
Date filed
2/10/2023, 03:07 PM
Previous filing
Aug 11, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Award $0 +31.8K +19.43% $0.00 195K Feb 8, 2023 Direct F1
transaction CBZ Common Stock Tax liability -$719K -14.9K -7.6% $48.40 181K 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 +11.2K $0.00 11.2K Feb 8, 2023 Common Stock 11.2K $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.