Michael L. Thompson - Aug 2, 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
Stock symbol
CTAS
Transactions as of
Aug 2, 2023
Transactions value $
-$4,555,553
Form type
4
Date filed
8/4/2023, 04:15 PM
Previous filing
Aug 1, 2023
Next filing
Aug 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTAS Common Stock Options Exercise $1.62M +7.85K +28.72% $206.99 35.2K Aug 2, 2023 Direct
transaction CTAS Common Stock Options Exercise $437K +2.14K +6.08% $204.48 37.3K Aug 2, 2023 Direct
transaction CTAS Common Stock Options Exercise $1.27M +4.89K +13.1% $260.79 42.2K Aug 2, 2023 Direct
transaction CTAS Common Stock Options Exercise $684K +2.33K +5.52% $293.56 44.5K Aug 2, 2023 Direct
transaction CTAS Common Stock Tax liability -$6.06M -12.2K -27.29% $498.56 32.4K Aug 2, 2023 Direct F1
transaction CTAS Common Stock Sale -$2.52M -5.05K -15.6% $498.35 27.3K Aug 2, 2023 Direct F2
holding CTAS Common Stock 1.66K Aug 2, 2023 See Footnote F3
holding CTAS Common Stock 12.9K Aug 2, 2023 See Footnote F4
holding CTAS Common Stock 1.77K Aug 2, 2023 See Footnote F5
holding CTAS Common Stock 21.5K Aug 2, 2023 See Footnote F6
holding CTAS Common Stock 405 Aug 2, 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 -7.85K -100% $0.00* 0 Aug 2, 2023 Common Stock 7.85K $206.99 Direct F7
transaction CTAS Stock Options Options Exercise $0 -2.14K -100% $0.00* 0 Aug 2, 2023 Common Stcok 2.14K $204.48 Direct F7
transaction CTAS Stock Options Options Exercise $0 -4.89K -49.99% $0.00 4.89K Aug 2, 2023 Common Stock 4.89K $260.79 Direct F7
transaction CTAS Stock Options Options Exercise $0 -2.33K -33.33% $0.00 4.66K Aug 2, 2023 Common Stock 2.33K $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.