CHRIS SPURIO - 08 Feb 2023 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Signature
Michael W. Gleespen, attorney-in-fact for Chris Spurio
Issuer symbol
CBZ
Transactions as of
08 Feb 2023
Net transactions value
-$719,079
Form type
4
Filing time
10 Feb 2023, 15:07:43 UTC
Previous filing
11 Aug 2022
Next filing
28 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Award $0 +31,792 +19% $0.000000 195,403 08 Feb 2023 Direct F1
transaction CBZ Common Stock Tax liability $719,079 -14,857 -7.6% $48.40 180,546 08 Feb 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 +11,174 $0.000000 11,174 08 Feb 2023 Common Stock 11,174 $0.000000 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.