Jerome P. Grisko Jr. - 09 Feb 2024 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Role: CEO & President, Director
Signature: /s/ Jaileah X. Huddleston, attorney-in-fact for Jerome P. Grisko, Jr.
Issuer symbol: CBZ
Transactions as of: 09 Feb 2024
Net transactions value: -$3,093,067
Form type: 4
Filing time: 13 Feb 2024, 20:25:43 UTC
Previous filing: 12 Feb 2024
Next filing: 09 Dec 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	Award	$0	+81,362	+99%	$0.000000	163,294	09 Feb 2024	Direct	F1
transaction	CBZ	Common Stock	Tax liability	$2,410,960	-36,491	-22%	$66.07	126,803	09 Feb 2024	Direct	F2
transaction	CBZ	Common Stock	Award	$0	+23,204	+18%	$0.000000	150,007	09 Feb 2024	Direct	F3
transaction	CBZ	Common Stock	Options Exercise		+13,560	+9%		163,567	11 Feb 2024	Direct	F4
transaction	CBZ	Common Stock	Tax liability	$401,838	-6,082	-3.7%	$66.07	157,485	11 Feb 2024	Direct	F5
transaction	CBZ	Common Stock	Options Exercise		+9,457	+6%		166,942	11 Feb 2024	Direct	F4
transaction	CBZ	Common Stock	Tax liability	$280,269	-4,242	-2.5%	$66.07	162,700	11 Feb 2024	Direct	F5
holding	CBZ	Common Stock						302,000	09 Feb 2024	By spousal trust
holding	CBZ	Common Stock						565,492	09 Feb 2024	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	Restricted Stock Units	Options Exercise		-13,560	-100%		0	11 Feb 2024	Common Stock	13,560		Direct	F4, F6
transaction	CBZ	Restricted Stock Units	Options Exercise		-9,457	-50%		9,457	11 Feb 2024	Common Stock	9,457		Direct	F4, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were issued pursuant to the vesting of performance-based performance share unit awards made in 2021.
F2	Tax related to the vesting of performance share unit awards.
F3	On February 9, 2024, the reporting person was granted 23,204 restricted stock units, vesting in three (3) equal annual installments beginning on the first anniversary of the grant date. Restricted stock units convert into common stock on a one-for-one basis.
F4	Restricted stock units convert into common stock on a one-for-one basis.
F5	Tax related to vesting of restricted stock units.
F6	On February 11, 2021, the reporting person was granted 40,681 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F7	On February 11, 2022, the reporting person was granted 28,372 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.