Todd M. Schneider - 28 Jul 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
Issuer symbol
CTAS
Transactions as of
28 Jul 2023
Net transactions value
-$3,765,305
Form type
4
Filing time
01 Aug 2023, 14:59:54 UTC
Previous filing
03 Aug 2022
Next filing
14 Aug 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 Tax liability $929,884 -1,850 -1.1% $502.64 162,544 28 Jul 2023 Direct F1
transaction CTAS Common Stock Options Exercise $1,207,119 +4,112 +2.5% $293.56 166,656 31 Jul 2023 Direct
transaction CTAS Common Stock Options Exercise $2,162,731 +8,293 +5% $260.79 174,949 31 Jul 2023 Direct
transaction CTAS Common Stock Options Exercise $561,707 +2,747 +1.6% $204.48 177,696 31 Jul 2023 Direct
transaction CTAS Common Stock Options Exercise $1,838,278 +8,881 +5% $206.99 186,577 31 Jul 2023 Direct
transaction CTAS Common Stock Tax liability $8,605,256 -17,130 -9.2% $502.35 169,447 31 Jul 2023 Direct
holding CTAS Common Stock 863 28 Jul 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 -4,112 -33% $0.000000 8,224 31 Jul 2023 Common Stock 4,112 $293.56 Direct F2
transaction CTAS Stock Option Options Exercise $0 -8,293 -50% $0.000000 8,294 31 Jul 2023 Common Stock 8,293 $260.79 Direct F2
transaction CTAS Stock Option Options Exercise $0 -2,747 -100% $0.000000* 0 31 Jul 2023 Common Stock 2,747 $204.48 Direct F2
transaction CTAS Stock Option Options Exercise $0 -8,881 -100% $0.000000* 0 31 Jul 2023 Common Stock 8,881 $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.