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

Role: Director
Signature: /s/ F. Mark Reuter as Attorney-in-Fact for Gerald Adolph
Issuer symbol: CTAS
Transactions as of: 14 Jul 2023
Net transactions value: -$1,333,321
Form type: 4
Filing time: 18 Jul 2023, 16:17:24 UTC
Previous filing: 07 Jun 2023
Next filing: 27 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTAS	Common Stock	Options Exercise	$160,757	+3,011	+10%	$53.39	33,077	14 Jul 2023	Direct
transaction	CTAS	Common Stock	Tax liability	$161,151	-325	-0.98%	$495.85	32,752	14 Jul 2023	Direct
transaction	CTAS	Common Stock	Sale	$1,332,928	-2,686	-8.2%	$496.25	30,066	14 Jul 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	-3,011	-100%	$0.000000^*	0	14 Jul 2023	Common Stock	3,011	$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.