SEC Form 4 · accession 0001127602-18-027354
CBIZ, Inc. · CBZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerome P Grisko
Officer — CEO & President · Director
Period of report
Sep 7, 2018
Accepted (ET)
Sep 11, 2018 · 4:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000944148
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 7, 2018 | M | 38,487 | $6.52 | A | 670,148 | D | |
| Common StockF2,F3 | Sep 7, 2018 | F | 23,361 | $23.892 | D | 646,787 | D | |
| Common StockF1 | Sep 10, 2018 | M | 19,000 | $6.52 | A | 665,787 | D | |
| Common StockF2,F4 | Sep 10, 2018 | F | 11,806 | $23.88 | D | 653,981 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option | $6.52 | Sep 7, 2018 | M | 38,487 | D | May 9, 2014 | May 9, 2019 | Common Stock | 38,487 | 71,513 | D |
| Employee Stock Option | $6.52 | Sep 10, 2018 | M | 19,000 | D | May 9, 2014 | May 9, 2019 | Common Stock | 19,000 | 52,513 | D |
| Employee Stock Option | $19.45 | holding | — | — | — | May 9, 2019 | May 9, 2024 | Common Stock | 180,000 | 180,000 | D |
| Employee Stock Option | $15.55 | holding | — | — | — | May 10, 2018 | May 10, 2023 | Common Stock | 180,000 | 180,000 | D |
| Employee Stock Option | $10.35 | holding | — | — | — | May 10, 2017 | May 20, 2022 | Common Stock | 180,000 | 180,000 | D |
| Employee Stock Option | $9.35 | holding | — | — | — | May 15, 2016 | May 15, 2021 | Common Stock | 110,000 | 110,000 | D |
| Employee Stock Option | $8.36 | holding | — | — | — | May 14, 2015 | May 14, 2020 | Common Stock | 110,000 | 110,000 | D |
Explanation of responses
- F1Exercise and sale of Employee Stock Options granted 05-09-2013 at $6.52 exercise price, expiring 05-09-2019.
- F2Cashless Hold: exercise of options and sale of shares sufficient to cover only exericise price, taxes and fees.
- F3Weighted average sale price of price range between between $23.75 and $24.00. Will provide upon request number of shares sold at each separate price.
- F4Weighted average sale price of price range between between $23.85 and $23.90. Will provide upon request number of shares sold at each separate price.