Sibits David J 4
4 · CBIZ, Inc. · Filed Jun 8, 2012
Insider Transaction Report
Form 4
CBIZ, Inc.CBZ
Sibits David J
SVP, Financial Services
Transactions
- Award
Restricted Stock
2012-05-22+25,200→ 106,850 total - Award
Employee Stock Option
2012-05-22+72,000→ 338,000 totalExercise: $5.87From: 2013-05-22Exp: 2018-05-22→ Common Stock (72,000 underlying)
Footnotes (3)
- [F1]Consists of restricted shares issued under the CBIZ, Inc. Amended and Restated 2002 Stock Incentive Plan. Restrictions lapse with respect to 25% of the granted restricted shares on each of the first, second, third and fourth anniversaries of the grant date, provided grantee is still providing services to CBIZ on such vesting dates, and grantee has complied with the applicable CBIZ client non-interference policy.
- [F2]No consideration was provided for this grant.
- [F3]Consists of Option granted 05/22/2012, vesting in 25% increments each year beginning 05/22/2013, and expiring on 05/22/2018