Jerome P. Grisko - Aug 18, 2023 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Role
CEO & President, Director
Signature
Michael W. Gleespen, attorney-in-fact for Jerome P. Grisko, Jr.
Stock symbol
CBZ
Transactions as of
Aug 18, 2023
Transactions value $
-$337,589
Form type
4
Date filed
8/22/2023, 04:05 PM
Previous filing
Mar 16, 2023
Next filing
Aug 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $94.9K +4.88K +34.59% $19.45 19K Aug 18, 2023 Direct
transaction CBZ Common Stock Tax liability -$170K -3.18K -16.77% $53.53 15.8K Aug 18, 2023 Direct F1
transaction CBZ Common Stock Options Exercise $330K +17K +107.45% $19.45 32.8K Aug 21, 2023 Direct
transaction CBZ Common Stock Tax liability -$592K -11.1K -33.82% $53.44 21.7K Aug 21, 2023 Direct F2
holding CBZ Common Stock 302K Aug 18, 2023 By spousal trust
holding CBZ Common Stock 565K Aug 18, 2023 By trust

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 -4.88K -2.71% $0.00 175K Aug 18, 2023 Common Stock 4.88K $19.45 Direct F3
transaction CBZ Employee Stock Option Options Exercise $0 -17K -9.69% $0.00 158K Aug 21, 2023 Common Stock 17K $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 $53.42 and $53.725. Will provide upon request number of shares sold at each separate price.
F2 Weighted average sale price of price range between between $53.2326 and $53.6. Will provide upon request number of shares sold at each separate price.
F3 Consists of Options granted 05/9/2018 vesting in 25% increments each year beginning 05/9/2019 and expiring on 05/9/2024.