SCOTT D. FARMER - 28 Jan 2022 Form 4 Insider Report for CINTAS CORP (CTAS)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Scott D. Farmer
Issuer symbol
CTAS
Transactions as of
28 Jan 2022
Transactions value $
-$9,722,711
Form type
4
Filing time
01 Feb 2022, 10:38:15 UTC
Previous filing
03 Aug 2021
Next filing
03 May 2022
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 $3,444,226 +73,422 +56% $46.91* 205,470 28 Jan 2022 Direct
transaction CTAS Common Stock Tax liability -$13,166,937 -34,356 -17% $383.25 171,114 28 Jan 2022 Direct
holding CTAS Common Stock 9,376,387 28 Jan 2022 By Limited Liability Limited Partnership F1
holding CTAS Common Stock 4,465,608 28 Jan 2022 By Limited Liability Company F2
holding CTAS Common Stock 323,669 28 Jan 2022 By Trusts F3
holding CTAS Common Stock 83,880 28 Jan 2022 By Limited Partnership F4
holding CTAS Common Stock 4,038 28 Jan 2022 By Spouse
holding CTAS Common Stock 1,175 28 Jan 2022 By ESOP

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 Options Exercise $0 -73,422 -100% $0* 0 28 Jan 2022 Common Stock 73,422 $46.91 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Owned by a limited liability limited partnership of which Mr. Farmer has sole voting and dispositive power. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
F2 Owned by limited liability companies of which Mr. Farmer has sole voting and dispositive power. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
F3 Owned by trusts for the benefit of Mr. Farmer and his family. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
F4 Owned by a limited partnership under Mr. Farmer's control. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
F5 The option vests 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.