Gerald Adolph - Jul 14, 2023 Form 4 Insider Report for CINTAS CORP (CTAS)

Role
Director
Signature
/s/ F. Mark Reuter as Attorney-in-Fact for Gerald Adolph
Stock symbol
CTAS
Transactions as of
Jul 14, 2023
Transactions value $
-$1,333,321
Form type
4
Date filed
7/18/2023, 04:17 PM
Previous filing
Jun 7, 2023
Next filing
Oct 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTAS Common Stock Options Exercise $161K +3.01K +10.01% $53.39 33.1K Jul 14, 2023 Direct
transaction CTAS Common Stock Tax liability -$161K -325 -0.98% $495.85 32.8K Jul 14, 2023 Direct
transaction CTAS Common Stock Sale -$1.33M -2.69K -8.2% $496.25 30.1K Jul 14, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CTAS Stock Option (Right to Buy) Options Exercise $0 -3.01K -100% $0.00* 0 Jul 14, 2023 Common Stock 3.01K $53.39 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $495.82 to $496.53. The Reporting Person undertakes to provide full pricing information to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission upon request.
F2 Options granted pursuant to the Cintas Corporation 2005 Equity Compensation Plan. The option fully vested on October 22, 2017.