Jerome P. Grisko - Feb 9, 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.
Stock symbol
CBZ
Transactions as of
Feb 9, 2024
Transactions value $
-$3,093,067
Form type
4
Date filed
2/13/2024, 08:25 PM
Previous filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Award $0 +81.4K +99.3% $0.00 163K Feb 9, 2024 Direct F1
transaction CBZ Common Stock Tax liability -$2.41M -36.5K -22.35% $66.07 127K Feb 9, 2024 Direct F2
transaction CBZ Common Stock Award $0 +23.2K +18.3% $0.00 150K Feb 9, 2024 Direct F3
transaction CBZ Common Stock Options Exercise +13.6K +9.04% 164K Feb 11, 2024 Direct F4
transaction CBZ Common Stock Tax liability -$402K -6.08K -3.72% $66.07 157K Feb 11, 2024 Direct F5
transaction CBZ Common Stock Options Exercise +9.46K +6.01% 167K Feb 11, 2024 Direct F4
transaction CBZ Common Stock Tax liability -$280K -4.24K -2.54% $66.07 163K Feb 11, 2024 Direct F5
holding CBZ Common Stock 302K Feb 9, 2024 By spousal trust
holding CBZ Common Stock 565K Feb 9, 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 -13.6K -100% 0 Feb 11, 2024 Common Stock 13.6K Direct F4, F6
transaction CBZ Restricted Stock Units Options Exercise -9.46K -50% 9.46K Feb 11, 2024 Common Stock 9.46K 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.