Chris Spurio - Feb 9, 2024 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Role
President, Financial Services
Signature
/s/ Jaileah X. Huddleston, attorney-in-fact for Chris Spurio
Stock symbol
CBZ
Transactions as of
Feb 9, 2024
Transactions value $
-$1,355,228
Form type
4
Date filed
2/13/2024, 08:29 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 +35.6K +19.53% $0.00 218K Feb 9, 2024 Direct F1
transaction CBZ Common Stock Tax liability -$1.06M -16K -7.33% $66.07 202K Feb 9, 2024 Direct F2
transaction CBZ Common Stock Award $0 +9.37K +4.64% $0.00 211K Feb 9, 2024 Direct F3
transaction CBZ Common Stock Options Exercise +5.94K +2.81% 217K Feb 11, 2024 Direct F4
transaction CBZ Common Stock Tax liability -$176K -2.67K -1.23% $66.07 215K Feb 11, 2024 Direct F5
transaction CBZ Common Stock Options Exercise +4.14K +1.93% 219K Feb 11, 2024 Direct F4
transaction CBZ Common Stock Tax liability -$123K -1.86K -0.85% $66.07 217K Feb 11, 2024 Direct F5

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 -5.94K -100% 0 Feb 11, 2024 Common Stock 5.94K Direct F4, F6
transaction CBZ Restricted Stock Units Options Exercise -4.14K -50% 4.14K Feb 11, 2024 Common Stock 4.14K 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 9,369 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 17,822 restricted stock units, vesting in three (3) equal annual installments beginning on the first anniversary of the grant date.
F7 On February 11, 2022, the reporting person was granted 12,430 restricted stock units, vesting in three (3) equal annual installments beginning on the first anniversary of the grant date.