Michael P. Kouzelos - 27 Feb 2023 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Role
President, Employee Services
Signature
/s/ Michael W Gleespen, attorney-in-fact for Michael P Kouzelos
Issuer symbol
CBZ
Transactions as of
27 Feb 2023
Net transactions value
-$2,287,818
Form type
4
Filing time
28 Feb 2023, 16:59:18 UTC
Previous filing
10 Feb 2023
Next filing
12 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $916,581 +47,125 +15% $19.45 360,128 27 Feb 2023 Direct
transaction CBZ Common Stock Sale $2,414,284 -47,125 -13% $51.23 313,003 27 Feb 2023 Direct F1
transaction CBZ Common Stock Options Exercise $483,819 +24,875 +7.9% $19.45 337,878 28 Feb 2023 Direct
transaction CBZ Common Stock Sale $1,273,933 -24,875 -7.4% $51.21 313,003 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 -47,125 -65% $0.000000 24,875 27 Feb 2023 Common Stock 47,125 $19.45 Direct F3
transaction CBZ Employee Stock Option Options Exercise $0 -24,875 -100% $0.000000* 0 28 Feb 2023 Common Stock 24,875 $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 $50.83 and $51.65. Will provide upon request number of shares sold at each separate price.
F2 Weighted average sale price of price range between $50.51 and $51.82. Will provide upon request number of shares sold at each separate price.
F3 Consists of Options granted on 05/09/2018 vesting in 25% increments each year beginning 05/09/2019 and expiring on 05/09/2024.