Ware H. Grove - Apr 28, 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
Apr 28, 2023
Transactions value $
-$671,447
Form type
4
Date filed
5/1/2023, 04:31 PM
Previous filing
Feb 23, 2023
Next filing
Aug 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $360K +18.5K +6.73% $19.45 293K Apr 28, 2023 Direct
transaction CBZ Common Stock Sale -$980K -18.5K -6.31% $53.04 275K Apr 28, 2023 Direct F1
transaction CBZ Common Stock Options Exercise $29.5K +1.52K +0.55% $19.45 276K May 1, 2023 Direct
transaction CBZ Common Stock Sale -$80.1K -1.52K -0.55% $52.85 275K May 1, 2023 Direct

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 -18.5K -30.81% $0.00 41.5K Apr 28, 2023 Common Stock 18.5K $19.45 Direct F2
transaction CBZ Employee Stock Option Options Exercise $0 -1.52K -3.65% $0.00 40K May 1, 2023 Common Stock 1.52K $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 $52.865 and $53.1529. 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.