Chris Spurio - 27 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
27 Feb 2023
Net transactions value
-$2,372,054
Form type
4
Filing time
28 Feb 2023, 16:45:56 UTC
Previous filing
10 Feb 2023
Next filing
12 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $638,368 +32,821 +18% $19.45 213,367 27 Feb 2023 Direct
transaction CBZ Common Stock Sale $1,680,337 -32,821 -15% $51.20 180,546 27 Feb 2023 Direct F1
transaction CBZ Common Stock Options Exercise $820,382 +42,179 +23% $19.45 222,725 28 Feb 2023 Direct
transaction CBZ Common Stock Sale $2,150,467 -42,179 -19% $50.98 180,546 28 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 Employee Stock Option Options Exercise $0 -32,821 -44% $0.000000 42,179 27 Feb 2023 Common Stock 32,821 $19.45 Direct F3
transaction CBZ Employee Stock Option Options Exercise $0 -42,179 -100% $0.000000* 0 28 Feb 2023 Common Stock 42,179 $19.45 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 $50.85 and $51.64. Will provide upon request number of shares sold at each separate price.
F2 Weighted average sale price of price range between $50.48 and $51.82. Will provide upon request number of shares sold at each separate price.
F3 Consists of Options granted 05/09/2018 vesting in 25% increments each year beginning 05/09/2019 and expiring on 05/09/2024.