Scott D. Farmer - Jan 28, 2022 Form 4 Insider Report for CINTAS CORP (CTAS)

Role: Executive Chairman, Director, 10%+ Owner
Signature: /s/ Scott D. Farmer
Stock symbol: CTAS
Transactions as of: Jan 28, 2022
Transactions value $: -$9,722,711
Form type: 4
Date filed: 2/1/2022, 10:38 AM
Previous filing: Aug 3, 2021
Next filing: May 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTAS	Common Stock	Options Exercise	$3.44M	+73.4K	+55.6%	$46.91^*	205K	Jan 28, 2022	Direct
transaction	CTAS	Common Stock	Tax liability	-$13.2M	-34.4K	-16.72%	$383.25	171K	Jan 28, 2022	Direct
holding	CTAS	Common Stock						9.38M	Jan 28, 2022	By Limited Liability Limited Partnership	F1
holding	CTAS	Common Stock						4.47M	Jan 28, 2022	By Limited Liability Company	F2
holding	CTAS	Common Stock						324K	Jan 28, 2022	By Trusts	F3
holding	CTAS	Common Stock						83.9K	Jan 28, 2022	By Limited Partnership	F4
holding	CTAS	Common Stock						4.04K	Jan 28, 2022	By Spouse
holding	CTAS	Common Stock						1.18K	Jan 28, 2022	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	Options Exercise	$0	-73.4K	-100%	$0.00^*	0	Jan 28, 2022	Common Stock	73.4K	$46.91	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Owned by a limited liability limited partnership of which Mr. Farmer has sole voting and dispositive power. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
F2	Owned by limited liability companies of which Mr. Farmer has sole voting and dispositive power. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
F3	Owned by trusts for the benefit of Mr. Farmer and his family. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
F4	Owned by a limited partnership under Mr. Farmer's control. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
F5	The option vests 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.