CBIZ, Inc. — Director's Dealing 2020

Mar 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CBIZ, Inc. (CBZ)
CIK: 0000944148
Period of Report: 2020-02-27

Reporting Person: GROVE WARE H (C.F.O.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-27	Common Stock	M	23590	$9.35	Acquired	272666	Direct
2020-02-27	Common Stock	S	23590	$26.2424	Disposed	249076	Direct
2020-02-28	Common Stock	M	1410	$9.35	Acquired	250486	Direct
2020-02-28	Common Stock	S	1410	$25.33	Disposed	249076	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-27	Employee Stock Option	$9.35	M	23590	Disposed	2021-05-15	Common Stock (23590)	Direct
2020-02-28	Employee Stock Option	$9.35	M	1410	Disposed	2021-05-15	Common Stock (1410)	Direct
2020-02-27	Restricted Stock Units	$0	A	15691	Acquired	2023-02-27	Common Stock (15691)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$10.35	2022-05-10	Common Stock (75000)	75000	Direct
Employee Stock Option	$15.55	2023-05-10	Common Stock (75000)	75000	Direct
Employee Stock Option	$19.45	2024-05-09	Common Stock (75000)	75000	Direct

Footnotes

F1: Exercise and sale of Employee Stock Options granted 05-15-2015 at $9.35 exercise price, expiring 05-15-2021.

F2: Weighted average sale price of price range between $26.62 and $26.00. Will provide upon request number of shares sold at each separate price.

F3: Weighted average sale price between $25.35 and $25.27. Will provide upon request number of shares sold at each separate price.

F4: The restricted stock units vest in three (3) equal annual installments beginning 2-27-2021.

F5: Each restricted stock unit represents a contingent right to receive one share of CBIZ common stock.