Jerome P. Grisko - Sep 5, 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
Sep 5, 2023
Transactions value $
-$1,394,469
Form type
4
Date filed
9/7/2023, 04:45 PM
Previous filing
Aug 25, 2023
Next filing
Sep 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $812K +41.7K +91.85% $19.45 87.2K Sep 5, 2023 Direct
transaction CBZ Common Stock Tax liability -$1.47M -27.1K -31.13% $54.12 60K Sep 5, 2023 Direct F1
transaction CBZ Common Stock Options Exercise $924K +47.5K +79.17% $19.45 108K Sep 6, 2023 Direct
transaction CBZ Common Stock Tax liability -$1.66M -31K -28.82% $53.60 76.6K Sep 6, 2023 Direct F2
holding CBZ Common Stock 302K Sep 5, 2023 By spousal trust
holding CBZ Common Stock 565K Sep 5, 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 -41.7K -46.37% $0.00 48.3K Sep 5, 2023 Common Stock 41.7K $19.45 Direct F3
transaction CBZ Employee Stock Option Options Exercise $0 -47.5K -98.48% $0.00 732 Sep 6, 2023 Common Stock 47.5K $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 $53.625 and $55.035. Will provide upon request number of shares sold at each separate price.
F2 Weighted average sale price of price range between $53.02 and $53.92. Will provide upon request number of shares sold at each separate price.
F3 Consists of Options granted on 05/9/2018 vesting in 25% increments each year beginning 05/9/2019 and expiring on 05/9/2024.