SEC Form 4 · accession 0001225208-18-010710
CBIZ, Inc. · CBZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P Kouzelos
Officer — President, Employee Services
Period of report
Jun 13, 2018
Accepted (ET)
Jun 15, 2018 · 4:05 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 | Jun 13, 2018 | M | 7,000 | $6.52 | A | 291,184 | D | |
| Common stockF2 | Jun 13, 2018 | S | 7,000 | $21.921 | D | 284,184 | D | |
| Common stockF1 | Jun 14, 2018 | M | 21,200 | $6.52 | A | 305,384 | D | |
| Common stockF3 | Jun 14, 2018 | S | 21,200 | $22.3089 | D | 284,184 | D | |
| Common stockF1 | Jun 15, 2018 | M | 6,800 | $6.52 | A | 290,984 | D | |
| Common stockF4 | Jun 15, 2018 | S | 6,800 | $22.1591 | D | 284,184 | 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 | $6.52 | Jun 13, 2018 | M | 7,000 | D | May 9, 2014 | May 9, 2019 | Common stock | 7,000 | 63,000 | D |
| Employee Stock OptionF1 | $6.52 | Jun 14, 2018 | M | 21,200 | D | May 9, 2014 | May 9, 2019 | Common stock | 21,200 | 41,800 | D |
| Employee Stock OptionF1 | $6.52 | Jun 15, 2018 | M | 6,800 | D | May 9, 2014 | May 9, 2019 | Common stock | 6,800 | 35,000 | D |
| Employee Stock Option | $8.36 | holding | — | — | — | May 14, 2015 | May 14, 2020 | Common stock | 70,000 | 70,000 | D |
| Employee Stock Option | $9.35 | holding | — | — | — | May 15, 2016 | May 15, 2021 | Common stock | 72,000 | 72,000 | D |
| Employee Stock Option | $10.35 | holding | — | — | — | May 10, 2017 | May 10, 2022 | Common stock | 72,000 | 72,000 | D |
| Employee Stock Option | $15.55 | holding | — | — | — | May 10, 2018 | May 10, 2023 | Common stock | 72,000 | 72,000 | D |
| Employee Stock Option | $19.45 | holding | — | — | — | May 9, 2019 | May 9, 2024 | Common stock | 72,000 | 72,000 | D |
Explanation of responses
- F1Exercise and sale of Employee Stock Options granted 05-09-2013 at $6.52 exercise price, expiring 05-09-2019.
- F2Average price between $21.85 and $21.975.
- F3Average price between $22.15 and $$22.50.
- F4Average price between $22.00 and $22.30.