Todd M. Schneider - Jul 23, 2021 Form 4 Insider Report for CINTAS CORP (CTAS)

Role
Chief Executive Officer
Signature
/s/ F. Mark Reuter, as Attorney-in-Fact for Todd M. Schneider
Stock symbol
CTAS
Transactions as of
Jul 23, 2021
Transactions value $
$1,245,788
Form type
4
Date filed
7/27/2021, 04:43 PM
Next filing
Aug 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTAS Common Stock Tax liability -$1.6M -4.04K -4.34% $395.34 89.1K Jul 23, 2021 Direct F1
transaction CTAS Common Stock Award $2.67M +6.88K +7.72% $388.86 96K Jul 27, 2021 Direct F2
transaction CTAS Common Stock Award $169K +434 +0.45% $388.86 96.4K Jul 27, 2021 Direct F2
holding CTAS Common Stock 8.71K Jul 23, 2021 By GRAT II Trust
holding CTAS Common Stock 57.1K Jul 23, 2021 By GRAT II 2020 Trust
holding CTAS Common Stock 850 Jul 23, 2021 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 (Right to Buy) Award $0 +20.6K $0.00 20.6K Jul 27, 2021 Common Stock 20.6K $388.86 Direct F3
transaction CTAS Stock Option (Right to Buy) Award $0 +6.18K $0.00 6.18K Jul 27, 2021 Common Stock 6.18K $388.86 Direct F3
* 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 4,039 of these shares to satisfy tax withholding.
F2 Restricted shares granted pursuant to Cintas Corporation's Equity Compensation Plan.
F3 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.