SEC Form 4 · accession 0001225208-17-018484
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
Dec 7, 2017
Accepted (ET)
Dec 11, 2017 · 4:37 pm EST
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 | Dec 7, 2017 | M | 138 | $5.87 | A | 573,956 | D | |
| Common stockF2 | Dec 7, 2017 | F | 100 | $15.05 | D | 573,856 | D | |
| Common stockF1 | Dec 8, 2017 | M | 30,000 | $5.87 | A | 603,856 | D | |
| Common stockF2,F3 | Dec 8, 2017 | F | 20,913 | $14.95 | D | 582,943 | 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 OptionF1 | $5.87 | Dec 7, 2017 | M | 138 | D | May 22, 2013 | May 22, 2018 | Common stock | 138 | 101,862 | D |
| Employee Stock OptionF1 | $5.87 | Dec 8, 2017 | M | 30,000 | D | May 22, 2013 | May 22, 2018 | Common stock | 30,000 | 71,862 | D |
| Employee Stock Option | $6.52 | holding | — | — | — | May 9, 2014 | May 9, 2019 | 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 |
| Employee Stock Option | $9.35 | holding | — | — | — | May 15, 2016 | May 15, 2021 | Common stock | 110,000 | 110,000 | D |
| Employee Stock Option | $10.35 | holding | — | — | — | May 10, 2017 | May 20, 2022 | 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 |
Explanation of responses
- F1Exercise and sale of Employee Stock Options granted 05-22-2012 at $5.87 exercise price, expiring 05-22-2018.
- F2Cashless Hold: exercise of options and sale of shares sufficient to cover only exericise price, taxes and fees.
- F3Average price between $14.95 and $14.97.