J. Michael Hansen - Feb 6, 2023 Form 4 Insider Report for CINTAS CORP (CTAS)

Role
VP & CFO
Signature
/s/ F. Mark Reuter as Attorney in Fact for J. Michael Hansen
Stock symbol
CTAS
Transactions as of
Feb 6, 2023
Transactions value $
-$1,249,413
Form type
4
Date filed
2/8/2023, 09:08 AM
Previous filing
Jul 28, 2022
Next filing
Apr 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTAS Common Stock Options Exercise $563K +4.1K +13.61% $137.30 34.2K Feb 6, 2023 Direct F1
transaction CTAS Common Stock Tax liability -$1.1M -2.48K -7.26% $441.91 31.8K Feb 6, 2023 Direct
transaction CTAS Common Stock Sale -$715K -1.62K -5.1% $441.85 30.1K Feb 6, 2023 Direct F2
holding CTAS Common Stock 31.7K Feb 6, 2023 See footnote F3
holding CTAS Common Stock 4.51K Feb 6, 2023 See footnote F4
holding CTAS Common Stock 13.1K Feb 6, 2023 See footnote F5
holding CTAS Common Stock 1.45K Feb 6, 2023 See footnote F6
holding CTAS Common Stock 289 Feb 6, 2023 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 -4.1K -32.47% $0.00 8.53K Feb 6, 2023 Common Stock 4.1K $137.30 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 5,855 shares previously held through a GRAT that are now directly owned by the Reporting Person.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $441.68 to $442.00. 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 securities are held by the Susan S. Hansen Legacy Trust.
F4 The securities are held by the 2021 Jon Michael Hansen II Master GRAT.
F5 The securities are held by the Jon Michael Hansen II Legacy Trust.
F6 The securities are held by the Jon Michael Hansen II 2021 GRAT Trust No. 2.
F7 The option fully vested on July 25, 2022.