Todd M. Schneider - Oct 12, 2021 Form 4 Insider Report for CINTAS CORP (CTAS)

Role: CEO and Director, Director
Signature: /s/ F. Mark Reuter, as Attorney-in-Fact for Todd M. Schneider
Stock symbol: CTAS
Transactions as of: Oct 12, 2021
Transactions value $: -$3,641,003
Form type: 4
Date filed: 10/14/2021, 10:22 AM
Previous filing: Aug 3, 2021
Next filing: Apr 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTAS	Common Stock	Options Exercise	$1.07M	+9.9K	+8.66%	$108.39^*	124K	Oct 12, 2021	Direct
transaction	CTAS	Common Stock	Options Exercise	$1.43M	+10.4K	+8.4%	$137.30	135K	Oct 12, 2021	Direct
transaction	CTAS	Common Stock	Options Exercise	$1.84M	+8.88K	+6.6%	$206.99	144K	Oct 12, 2021	Direct
transaction	CTAS	Common Stock	Options Exercise	$561K	+2.75K	+1.91%	$204.48	146K	Oct 12, 2021	Direct
transaction	CTAS	Common Stock	Sale	-$7.47M	-18.5K	-12.64%	$403.84	128K	Oct 12, 2021	Direct	F1
transaction	CTAS	Common Stock	Sale	-$1.08M	-2.67K	-2.09%	$405.01	125K	Oct 12, 2021	Direct	F2
holding	CTAS	Common Stock						42.9K	Oct 12, 2021	By GRAT II 2020 Trust	F3
holding	CTAS	Common Stock						850	Oct 12, 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)	Options Exercise	$0	-9.9K	-100%	$0.00^*	0	Oct 12, 2021	Common Stock	9.9K	$108.39	Direct	F4
transaction	CTAS	Stock Option (Right to Buy)	Options Exercise	$0	-10.4K	-50%	$0.00	10.4K	Oct 12, 2021	Common Stock	10.4K	$137.30	Direct	F4
transaction	CTAS	Stock Option (Right to Buy)	Options Exercise	$0	-8.88K	-33.33%	$0.00	17.8K	Oct 12, 2021	Common Stock	8.88K	$206.99	Direct	F4
transaction	CTAS	Stock Option (Right to Buy)	Options Exercise	$0	-2.75K	-33.33%	$0.00	5.49K	Oct 12, 2021	Common Stock	2.75K	$204.48	Direct	F4

* 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. These shares were sold in multiple transactions ranging from $403.40 to $404.35. The Reporting Person undertakes to provide full pricing information to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission upon request.
F2	The Reported Price is a weighted price. These shares were sold in multiple transactions ranging from $404.46 to $405.33. The Reporting Person undertakes to provide full pricing information to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission upon request.
F3	Shares of the Issuer's common stock previously reported as owned indirectly through "GRAT II Trust" are no longer reported as beneficially owned due to the previous maturation of such GRAT and resulting exempt distributions regarding remainder interests. The Reporting Person's direct holdings have also been adjusted to account for reconciliation to the Reporting Person's account records and exempt GRAT distributions.
F4	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.