Ware H. Grove - Feb 23, 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 23, 2023
Transactions value $
-$459,392
Form type
4
Date filed
2/23/2023, 03:37 PM
Previous filing
Feb 10, 2023
Next filing
May 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $292K +15K +5.78% $19.45 275K Feb 23, 2023 Direct
transaction CBZ Common Stock Sale -$751K -15K -5.46% $50.08 260K Feb 23, 2023 Direct F1

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 -15K -20% $0.00 60K Feb 23, 2023 Common Stock 15K $19.45 Direct F2
* 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 $50.00 and $50.245. Will provide upon request number of shares sold at each separate price.
F2 Consists of Options granted on 05/09/2018 vesting in 25% increments each year beginning 05/09/2019 and expiring on 05/09/2024.