J. Michael Hansen - 23 Jul 2021 Form 4 Insider Report for CINTAS CORP (CTAS)

Role
VP & CFO
Signature
/s/ F. Mark Reuter as Attorney in Fact for J. Michael Hansen
Issuer symbol
CTAS
Transactions as of
23 Jul 2021
Net transactions value
+$70,387
Form type
4
Filing time
27 Jul 2021, 16:45:55 UTC
Next filing
03 Aug 2021
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 $1,446,944 -3,660 -22% $395.34 12,984 23 Jul 2021 Direct F1
transaction CTAS Common Stock Award $1,517,332 +3,902 +30% $388.86 16,886 27 Jul 2021 Direct F2
holding CTAS Common Stock 31,684 23 Jul 2021 See footnote F3
holding CTAS Common Stock 7,236 23 Jul 2021 See footnote F4
holding CTAS Common Stock 7,305 23 Jul 2021 See footnote F5
holding CTAS Common Stock 13,100 23 Jul 2021 See footnote F6
holding CTAS Common Stock 288 23 Jul 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 +11,708 $0.000000 11,708 27 Jul 2021 Common Stock 11,708 $388.86 Direct F7
* 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 transferred 3,660 of these shares to satisfy tax withholding
F2 Restricted shares granted pursuant to the Cintas Corporation Equity Compensation Plan
F3 The securities are held by the Susan S. Hansen Legacy Trust.
F4 The securities are held by the 2021 Jon Michael Hansen II Master GRAT.
F5 The securities are held by the Jon Michael Hansen II Revolving GRAT Master Trust.
F6 The securities are held by the Jon Michael Hansen II 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.