J. Michael Hansen - 29 Mar 2022 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
29 Mar 2022
Net transactions value
-$7,809,845
Form type
4
Filing time
31 Mar 2022, 13:45:14 UTC
Previous filing
03 Aug 2021
Next filing
26 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTAS Common Stock Options Exercise $952,748 +8,790 +52% $108.39* 25,541 29 Mar 2022 Direct
transaction CTAS Common Stock Options Exercise $545,119 +4,986 +20% $109.33* 30,527 29 Mar 2022 Direct
transaction CTAS Common Stock Options Exercise $1,734,648 +12,634 +41% $137.30 43,161 29 Mar 2022 Direct
transaction CTAS Common Stock Options Exercise $1,722,571 +8,322 +19% $206.99 51,483 29 Mar 2022 Direct
transaction CTAS Common Stock Tax liability $2,181,821 -5,116 -9.9% $426.47 46,367 29 Mar 2022 Direct
transaction CTAS Common Stock Tax liability $3,494,478 -8,203 -18% $426.00 38,164 29 Mar 2022 Direct
transaction CTAS Common Stock Tax liability $3,609,908 -8,468 -22% $426.30 29,696 29 Mar 2022 Direct
transaction CTAS Common Stock Sale $1,445,172 -3,411 -11% $423.68 26,285 29 Mar 2022 Direct F1
transaction CTAS Common Stock Sale $1,480,487 -3,489 -13% $424.33 22,796 29 Mar 2022 Direct F2
transaction CTAS Common Stock Sale $467,841 -1,100 -4.8% $425.31 21,696 29 Mar 2022 Direct F3
transaction CTAS Common Stock Sale $85,224 -200 -0.92% $426.12 21,496 29 Mar 2022 Direct
holding CTAS Common Stock 31,684 29 Mar 2022 See footnote F4
holding CTAS Common Stock 7,236 29 Mar 2022 See footnote F5
holding CTAS Common Stock 4,705 29 Mar 2022 See footnote F6
holding CTAS Common Stock 13,100 29 Mar 2022 See footnote F7
holding CTAS Common Stock 2,600 29 Mar 2022 See footnote F8
holding CTAS Common Stock 289 29 Mar 2022 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 -8,790 -100% $0.000000* 0 29 Mar 2022 Common Stock 8,790 $108.39 Direct F9
transaction CTAS Stock Option (Right to Buy) Options Exercise $0 -4,986 -100% $0.000000* 0 29 Mar 2022 Common Stock 4,986 $109.33 Direct F10
transaction CTAS Stock Option (Right to Buy) Options Exercise $0 -12,634 -50% $0.000000 12,634 29 Mar 2022 Common Stock 12,634 $137.30 Direct F11
transaction CTAS Stock Option (Right to Buy) Options Exercise $0 -8,322 -33% $0.000000 16,645 29 Mar 2022 Common Stock 8,322 $206.99 Direct F12
* 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 average price. These shares were sold in multiple transactions ranging from $423.29 to $423.99. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $424 to $424.98. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request.
F3 The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $425.01 to $425.68. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request.
F4 The securities are held by the Susan S. Hansen Legacy Trust.
F5 The securities are held by the 2021 Jon Michael Hansen II Master GRAT.
F6 The securities are held by the Jon Michael Hansen II Revolving GRAT Master Trust.
F7 The securities are held by the Jon Michael Hansen II Legacy Trust.
F8 The securities are held by the Jon Michael Hansen II 2021 GRAT Trust No. 2.
F9 The option fully vested on 7/26/2021.
F10 The option fully vested on 10/13/2021.
F11 The option vests 33% on the 3rd anniversary of the grant date, 33% on the 4th anniversary of the grant date and 34% on the 5th anniversary of the grant date.
F12 The option vests 33% on the 3rd anniversary of the grant date, 33% on the 4th anniversary of the grant date and 34% on the 5th anniversary of the grant date.