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CINTAS CORP — Director's Dealing 2021
Oct 14, 2021
29903_dirs_2021-10-14_a16459d0-302c-4d66-a046-871732a20b24.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CINTAS CORP (CTAS)
CIK: 0000723254
Period of Report: 2021-10-12
Reporting Person: Schneider Todd M. (Director, CEO and Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-12 | Common Stock | M | 9900 | $108.39 | Acquired | 124199 | Direct |
| 2021-10-12 | Common Stock | M | 10432 | $137.30 | Acquired | 134631 | Direct |
| 2021-10-12 | Common Stock | M | 8881 | $206.99 | Acquired | 143512 | Direct |
| 2021-10-12 | Common Stock | M | 2745 | $204.48 | Acquired | 146257 | Direct |
| 2021-10-12 | Common Stock | S | 18486 | $403.84 | Disposed | 127771 | Direct |
| 2021-10-12 | Common Stock | S | 2668 | $405.01 | Disposed | 125103 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-12 | Stock Option (Right to Buy) | $108.39 | M | 9900 | Disposed | 2026-07-26 | Common Stock (9900) | Direct |
| 2021-10-12 | Stock Option (Right to Buy) | $137.30 | M | 10432 | Disposed | 2027-07-25 | Common Stock (10432) | Direct |
| 2021-10-12 | Stock Option (Right to Buy) | $206.99 | M | 8881 | Disposed | 2028-07-24 | Common Stock (8881) | Direct |
| 2021-10-12 | Stock Option (Right to Buy) | $204.48 | M | 2745 | Disposed | 2028-07-31 | Common Stock (2745) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 42882 | Indirect |
| Common Stock | 850 | Indirect |
Footnotes
F1: The Reported Price is a weighted price. These shares were sold in multiple transactions ranging from $403.40 to $404.35. The Reporting Person undertakes to provide full pricing information to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission upon request.
F2: The Reported Price is a weighted price. These shares were sold in multiple transactions ranging from $404.46 to $405.33. The Reporting Person undertakes to provide full pricing information to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission upon request.
F3: Shares of the Issuer's common stock previously reported as owned indirectly through "GRAT II Trust" are no longer reported as beneficially owned due to the previous maturation of such GRAT and resulting exempt distributions regarding remainder interests. The Reporting Person's direct holdings have also been adjusted to account for reconciliation to the Reporting Person's account records and exempt GRAT distributions.
F4: 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.