Michael L. Thompson - Oct 31, 2022 Form 4 Insider Report for CINTAS CORP (CTAS)

Role
Executive Vice President & CAO
Signature
/s/ F. Mark Reuter, as Attorney-in-Fact for Michael L. Thompson
Stock symbol
CTAS
Transactions as of
Oct 31, 2022
Transactions value $
-$2,787,586
Form type
4
Date filed
11/2/2022, 08:50 AM
Previous filing
Jul 28, 2022
Next filing
Jan 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTAS Common Stock Options Exercise $1M +7.3K +23.21% $137.30 38.8K Oct 31, 2022 Direct
transaction CTAS Common Stock Options Exercise $513K +3.73K +9.63% $137.30 42.5K Oct 31, 2022 Direct
transaction CTAS Common Stock Options Exercise $1.62M +7.85K +18.47% $206.99 50.3K Oct 31, 2022 Direct
transaction CTAS Common Stock Options Exercise $437K +2.14K +4.24% $204.48 52.5K Oct 31, 2022 Direct
transaction CTAS Common Stock Options Exercise $1.27M +4.89K +9.31% $260.79 57.4K Oct 31, 2022 Direct
transaction CTAS Common Stock Tax liability -$7.64M -17.9K -31.13% $427.75 39.5K Oct 31, 2022 Direct F1
holding CTAS Common Stock 2.82K Oct 31, 2022 See Footnote F2
holding CTAS Common Stock 12.9K Oct 31, 2022 See Footnote F3
holding CTAS Common Stock 4.26K Oct 31, 2022 See Footnote F4
holding CTAS Common Stock 21.5K Oct 31, 2022 See Footnote F5
holding CTAS Common Stock 405 Oct 31, 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 -7.3K -100% $0.00* 0 Oct 31, 2022 Common Stock 7.3K $137.30 Direct F6
transaction CTAS Stock Option (Right to Buy) Options Exercise $0 -3.73K -100% $0.00* 0 Oct 31, 2022 Common Stock 3.73K $137.30 Direct F6
transaction CTAS Stock Option (Right to Buy) Options Exercise $0 -7.85K -50% $0.00 7.85K Oct 31, 2022 Common Stock 7.85K $206.99 Direct F6
transaction CTAS Stock Option (Right to Buy) Options Exercise $0 -2.14K -49.98% $0.00 2.14K Oct 31, 2022 Common Stock 2.14K $204.48 Direct F6
transaction CTAS Stock Option (Right to Buy) Options Exercise $0 -4.89K -33.33% $0.00 9.78K Oct 31, 2022 Common Stock 4.89K $260.79 Direct F6
* 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 $427.61 to $427.86. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer or the staff of the securities Exchange Commission upon request.
F2 The securities are held by the 2021 Michael L. Thompson Revolving Master GRAT.
F3 The securities are held by the Lisanne Thompson Legacy Trust.
F4 The securities are held by the Michael L. Thompson Revolving GRAT Master Trust.
F5 The securities are held by The Michael L. Thompson Legacy Trust.
F6 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.