Todd M. Schneider - Jul 28, 2023 Form 4 Insider Report for CINTAS CORP (CTAS)

Role
CEO and Director, Director
Signature
/s/ F. Mark Reuter as Attorney-in-Fact for Todd M. Schneider
Stock symbol
CTAS
Transactions as of
Jul 28, 2023
Transactions value $
-$3,765,305
Form type
4
Date filed
8/1/2023, 02:59 PM
Previous filing
Aug 3, 2022
Next filing
Aug 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTAS Common Stock Tax liability -$930K -1.85K -1.13% $502.64 163K Jul 28, 2023 Direct F1
transaction CTAS Common Stock Options Exercise $1.21M +4.11K +2.53% $293.56 167K Jul 31, 2023 Direct
transaction CTAS Common Stock Options Exercise $2.16M +8.29K +4.98% $260.79 175K Jul 31, 2023 Direct
transaction CTAS Common Stock Options Exercise $562K +2.75K +1.57% $204.48 178K Jul 31, 2023 Direct
transaction CTAS Common Stock Options Exercise $1.84M +8.88K +5% $206.99 187K Jul 31, 2023 Direct
transaction CTAS Common Stock Tax liability -$8.61M -17.1K -9.18% $502.35 169K Jul 31, 2023 Direct
holding CTAS Common Stock 863 Jul 28, 2023 By 401(k) Plan

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 Options Exercise $0 -4.11K -33.33% $0.00 8.22K Jul 31, 2023 Common Stock 4.11K $293.56 Direct F2
transaction CTAS Stock Option Options Exercise $0 -8.29K -50% $0.00 8.29K Jul 31, 2023 Common Stock 8.29K $260.79 Direct F2
transaction CTAS Stock Option Options Exercise $0 -2.75K -100% $0.00* 0 Jul 31, 2023 Common Stock 2.75K $204.48 Direct F2
transaction CTAS Stock Option Options Exercise $0 -8.88K -100% $0.00* 0 Jul 31, 2023 Common Stock 8.88K $206.99 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restrictions on Restricted Shares granted pursuant to the Cintas Corporation Equity Compensation Plan and previously reported on Form 4 have lapsed. The Reporting Person has transferred 1,850 of these shares to satisfy tax withholding.
F2 The options vest as follows: one-third on the third anniversary of the grant date, one-third on the fourth anniversary of the grant date, and one-third on the fifth anniversary of the grant date.