J. Michael Hansen - 06 Feb 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
Issuer symbol
CTAS
Transactions as of
06 Feb 2023
Net transactions value
-$1,249,413
Form type
4
Filing time
08 Feb 2023, 09:08:51 UTC
Previous filing
28 Jul 2022
Next filing
25 Apr 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 $563,205 +4,102 +14% $137.30 34,234 06 Feb 2023 Direct F1
transaction CTAS Common Stock Tax liability $1,097,704 -2,484 -7.3% $441.91 31,750 06 Feb 2023 Direct
transaction CTAS Common Stock Sale $714,913 -1,618 -5.1% $441.85 30,132 06 Feb 2023 Direct F2
holding CTAS Common Stock 31,684 06 Feb 2023 See footnote F3
holding CTAS Common Stock 4,511 06 Feb 2023 See footnote F4
holding CTAS Common Stock 13,100 06 Feb 2023 See footnote F5
holding CTAS Common Stock 1,450 06 Feb 2023 See footnote F6
holding CTAS Common Stock 289 06 Feb 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 -4,102 -32% $0.000000 8,532 06 Feb 2023 Common Stock 4,102 $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.