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CBIZ, Inc. — Director's Dealing 2010
Sep 16, 2010
31402_dirs_2010-09-16_f5a75b36-88cc-4f91-8b13-0fb0af41b710.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CBIZ, Inc. (CBZ)
CIK: 0000944148
Period of Report: 2010-09-15
Reporting Person: WESTBURY BERMUDA LTD (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-09-15 | Common Stock | S | 7716669 | $6.25 | Disposed | 7716669 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-09-15 | Option | $7.25 | S | 7716669 | Disposed | 2013-09-30 | Common Stock (7716669) | Direct |
Footnotes
F1: These securities are owned directly by Westbury (Bermuda) Ltd. ("Westbury"), which is 100% owned by Westbury Trust. Westbury
Trust is an indirect beneficial owner of the reported securities.
F2: On September 14, 2010, the Issuer, Westbury, Westbury Trust and Michael DeGroote entered into a Stock and Option Purchase
Agreement ("Agreement"). As part of this Agreement, upon the closing of the Agreement on September 15, 2010, the Issuer
acquired for $5,000,000 an option to purchase the remaining 7,716,669 shares of the Issuer held by Westbury.