WARE H. GROVE - 09 May 2022 Form 4 Insider Report for CBIZ, Inc. (CBZ)

Role
C.F.O.
Signature
Michael W. Gleespen, Attorney-In-Fact for Ware H. Grove
Issuer symbol
CBZ
Transactions as of
09 May 2022
Net transactions value
-$370,684
Form type
4
Filing time
11 May 2022, 10:35:24 UTC
Previous filing
10 Mar 2022
Next filing
03 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBZ Common Stock Options Exercise $233,250 +15,000 +5.8% $15.55 272,844 09 May 2022 Direct
transaction CBZ Common Stock Sale $603,934 -15,000 -5.5% $40.26 257,844 09 May 2022 Direct F1

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 -15,000 -25% $0.000000 45,000 09 May 2022 Common Stock 15,000 $15.55 Direct F2
* 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 $40.05 and $40.72. Will provide upon request number of shares sold at each separate price.
F2 Consists of Options granted on 5/10/2017 vesting in 25% increments each year beginning 05/10/2018 and expiring on 05/10/2023.