Thomas E. Frooman - 23 Jul 2021 Form 4 Insider Report for CINTAS CORP (CTAS)

Signature
/s/ F. Mark Reuter, as Attorney-in-Fact for Thomas E. Frooman
Issuer symbol
CTAS
Transactions as of
23 Jul 2021
Net transactions value
-$169,843
Form type
4
Filing time
27 Jul 2021, 16:44:35 UTC
Next filing
02 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTAS Common Stock Tax liability $1,631,568 -4,127 -4.7% $395.34 84,448 23 Jul 2021 Direct F1
transaction CTAS Common Stock Award $1,461,725 +3,759 +4.5% $388.86 88,207 27 Jul 2021 Direct F2
holding CTAS Common Stock 169 23 Jul 2021 By ESOP

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 +11,277 $0.000000 11,277 27 Jul 2021 Common Stock 11,277 $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 Cintas Corporation Equity Compensation Plan and previously reported on Form 4 have lapsed. The Reporting Person transferred 4,127 shares to satisfy tax withholding.
F2 Restricted shares granted pursuant to Cintas Corporation 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.