Michael Lawrence Thompson - 31 Oct 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
Issuer symbol: CTAS
Transactions as of: 31 Oct 2022
Net transactions value: -$2,787,586
Form type: 4
Filing time: 02 Nov 2022, 08:50:50 UTC
Previous filing: 28 Jul 2022
Next filing: 13 Jan 2023
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	$1,002,565	+7,302	+23%	$137.30	38,765	31 Oct 2022	Direct
transaction	CTAS	Common Stock	Options Exercise	$512,678	+3,734	+9.6%	$137.30	42,499	31 Oct 2022	Direct
transaction	CTAS	Common Stock	Options Exercise	$1,624,458	+7,848	+18%	$206.99	50,347	31 Oct 2022	Direct
transaction	CTAS	Common Stock	Options Exercise	$436,565	+2,135	+4.2%	$204.48	52,482	31 Oct 2022	Direct
transaction	CTAS	Common Stock	Options Exercise	$1,274,481	+4,887	+9.3%	$260.79	57,369	31 Oct 2022	Direct
transaction	CTAS	Common Stock	Tax liability	$7,638,332	-17,857	-31%	$427.75	39,512	31 Oct 2022	Direct	F1
holding	CTAS	Common Stock						2,821	31 Oct 2022	See Footnote	F2
holding	CTAS	Common Stock						12,940	31 Oct 2022	See Footnote	F3
holding	CTAS	Common Stock						4,255	31 Oct 2022	See Footnote	F4
holding	CTAS	Common Stock						21,507	31 Oct 2022	See Footnote	F5
holding	CTAS	Common Stock						405	31 Oct 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	-7,302	-100%	$0.000000^*	0	31 Oct 2022	Common Stock	7,302	$137.30	Direct	F6
transaction	CTAS	Stock Option (Right to Buy)	Options Exercise	$0	-3,734	-100%	$0.000000^*	0	31 Oct 2022	Common Stock	3,734	$137.30	Direct	F6
transaction	CTAS	Stock Option (Right to Buy)	Options Exercise	$0	-7,848	-50%	$0.000000	7,849	31 Oct 2022	Common Stock	7,848	$206.99	Direct	F6
transaction	CTAS	Stock Option (Right to Buy)	Options Exercise	$0	-2,135	-50%	$0.000000	2,137	31 Oct 2022	Common Stock	2,135	$204.48	Direct	F6
transaction	CTAS	Stock Option (Right to Buy)	Options Exercise	$0	-4,887	-33%	$0.000000	9,776	31 Oct 2022	Common Stock	4,887	$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.