Michael L. Thompson - 02 Aug 2023 Form 4 Insider Report for CINTAS CORP (CTAS)

Reporting relationship: Executive Vice President & CAO
Issuer ticker: CTAS
Reported as of: 02 Aug 2023
Net transaction value: -$4,555,553
SEC form: 4
Accepted by SEC: 04 Aug 2023, 16:15:34 UTC
Prior SEC filing: 01 Aug 2023
Next SEC filing: 14 Aug 2023
Source filing: View source filing
Reporting owner signature: /s/ F. Mark Reuter as Attorney-in-Fact for Michael L. Thompson

Key filing fact

Michael L. Thompson filed Form 4 for CINTAS CORP (CTAS) on 04 Aug 2023.

Key facts

This page summarizes Michael L. Thompson's Form 4 filing for CINTAS CORP (CTAS).
10 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 04 Aug 2023, 16:15.

Change

Previous filing in this sequence was filed on 01 Aug 2023.
Current net transaction value: -$4,555,553.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CTAS transaction

Common Stock

Options Exercise

Transaction value: $1,624,665
Shares: +7,849
Change %: +29%
Price: $206.99
Shares after: 35,175
Date: 02 Aug 2023
Ownership: Direct

CTAS transaction

Common Stock

Options Exercise

Transaction value: $436,974
Shares: +2,137
Change %: +6.1%
Price: $204.48
Shares after: 37,312
Date: 02 Aug 2023
Ownership: Direct

CTAS transaction

Common Stock

Options Exercise

Transaction value: $1,274,481
Shares: +4,887
Change %: +13%
Price: $260.79
Shares after: 42,199
Date: 02 Aug 2023
Ownership: Direct

CTAS transaction

Common Stock

Options Exercise

Transaction value: $683,995
Shares: +2,330
Change %: +5.5%
Price: $293.56
Shares after: 44,529
Date: 02 Aug 2023
Ownership: Direct

CTAS transaction

Common Stock

Tax liability

Transaction value: $6,059,000
Shares: -12,153
Change %: -27%
Price: $498.56
Shares after: 32,376
Date: 02 Aug 2023
Ownership: Direct
Footnotes: F1

CTAS transaction

Common Stock

Sale

Transaction value: $2,516,668
Shares: -5,050
Change %: -16%
Price: $498.35
Shares after: 27,326
Date: 02 Aug 2023
Ownership: Direct
Footnotes: F2

CTAS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,655
Date: 02 Aug 2023
Ownership: See Footnote
Footnotes: F3

CTAS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,940
Date: 02 Aug 2023
Ownership: See Footnote
Footnotes: F4

CTAS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,770
Date: 02 Aug 2023
Ownership: See Footnote
Footnotes: F5

CTAS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 21,507
Date: 02 Aug 2023
Ownership: See Footnote
Footnotes: F6

CTAS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 405
Date: 02 Aug 2023
Ownership: By 401(k) Plan

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CTAS transaction Derivative

Stock Options

Options Exercise

Transaction value: $0
Shares: -7,849
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,849
Exercise price: $206.99
Footnotes: F7

CTAS transaction Derivative

Stock Options

Options Exercise

Transaction value: $0
Shares: -2,137
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Aug 2023
Ownership: Direct
Underlying class: Common Stcok
Underlying amount: 2,137
Exercise price: $204.48
Footnotes: F7

CTAS transaction Derivative

Stock Options

Options Exercise

Transaction value: $0
Shares: -4,887
Change %: -50%
Price: $0.000000
Shares after: 4,889
Date: 02 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,887
Exercise price: $260.79
Footnotes: F7

CTAS transaction Derivative

Stock Options

Options Exercise

Transaction value: $0
Shares: -2,330
Change %: -33%
Price: $0.000000
Shares after: 4,660
Date: 02 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,330
Exercise price: $293.56
Footnotes: F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

The reported price is a weighted price. The shares were sold in multiple transactions ranging from $498.38 to $498.59. 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.

Footnote F2

The reported price is a weighted price. The shares were sold in multiple transactions ranging from $498.00 to $498.67. 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.

Footnote F3

The securities are held by the MLT January 2022 GRAT No. 2.

Footnote F4

The securities are held by the Lisanne Thompson Legacy Trust.

Footnote F5

The securities are held by the Michael L. Thompson April 2022 GRAT No. 3.

Footnote F6

The securities are held by The Michael L. Thompson Legacy Trust.

Footnote F7

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.

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