Michael L. Thompson - 02 Aug 2023 Form 4 Insider Report for CINTAS CORP (CTAS)

Role
Executive Vice President & CAO
Signature
/s/ F. Mark Reuter as Attorney-in-Fact for Michael L. Thompson
Issuer symbol
CTAS
Transactions as of
02 Aug 2023
Net transactions value
-$4,555,553
Form type
4
Filing time
04 Aug 2023, 16:15:34 UTC
Previous filing
01 Aug 2023
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 Options Exercise $1,624,665 +7,849 +29% $206.99 35,175 02 Aug 2023 Direct
transaction CTAS Common Stock Options Exercise $436,974 +2,137 +6.1% $204.48 37,312 02 Aug 2023 Direct
transaction CTAS Common Stock Options Exercise $1,274,481 +4,887 +13% $260.79 42,199 02 Aug 2023 Direct
transaction CTAS Common Stock Options Exercise $683,995 +2,330 +5.5% $293.56 44,529 02 Aug 2023 Direct
transaction CTAS Common Stock Tax liability $6,059,000 -12,153 -27% $498.56 32,376 02 Aug 2023 Direct F1
transaction CTAS Common Stock Sale $2,516,668 -5,050 -16% $498.35 27,326 02 Aug 2023 Direct F2
holding CTAS Common Stock 1,655 02 Aug 2023 See Footnote F3
holding CTAS Common Stock 12,940 02 Aug 2023 See Footnote F4
holding CTAS Common Stock 1,770 02 Aug 2023 See Footnote F5
holding CTAS Common Stock 21,507 02 Aug 2023 See Footnote F6
holding CTAS Common Stock 405 02 Aug 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 Options Options Exercise $0 -7,849 -100% $0.000000* 0 02 Aug 2023 Common Stock 7,849 $206.99 Direct F7
transaction CTAS Stock Options Options Exercise $0 -2,137 -100% $0.000000* 0 02 Aug 2023 Common Stcok 2,137 $204.48 Direct F7
transaction CTAS Stock Options Options Exercise $0 -4,887 -50% $0.000000 4,889 02 Aug 2023 Common Stock 4,887 $260.79 Direct F7
transaction CTAS Stock Options Options Exercise $0 -2,330 -33% $0.000000 4,660 02 Aug 2023 Common Stock 2,330 $293.56 Direct F7
* 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 price. The shares were sold in multiple transactions ranging from $498.38 to $498.59. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission upon request.
F2 The reported price is a weighted price. The shares were sold in multiple transactions ranging from $498.00 to $498.67. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission upon request.
F3 The securities are held by the MLT January 2022 GRAT No. 2.
F4 The securities are held by the Lisanne Thompson Legacy Trust.
F5 The securities are held by the Michael L. Thompson April 2022 GRAT No. 3.
F6 The securities are held by The Michael L. Thompson Legacy Trust.
F7 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.