SEC Form 4 · accession 0001140361-15-029935
CINTAS CORP · CTAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Frooman
Officer — VP, Secretary & Gen. Counsel
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 2:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000723254
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 3, 2015 | M | 1,500 | $36.08 | A | 73,251 | D | |
| Common Stock | Aug 3, 2015 | M | 1,315 | $39.84 | A | 74,566 | D | |
| Common Stock | Aug 3, 2015 | M | 8,000 | $27.30 | A | 82,566 | D | |
| Common StockF1 | Aug 3, 2015 | S | 10,815 | $85.45 | D | 71,751 | D | |
| Common Stock | holding | — | — | — | 159 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $36.08 | Aug 3, 2015 | M | 1,500 | D | — | Jul 17, 2016 | Common Stock | 1,500 | 0 | D |
| Stock Option (Right to Buy)F3 | $39.84 | Aug 3, 2015 | M | 1,315 | D | — | Jul 3, 2017 | Common Stock | 1,315 | 1,315 | D |
| Stock Option (Right to Buy)F4 | $27.30 | Aug 3, 2015 | M | 8,000 | D | — | Jul 17, 2018 | Common Stock | 8,000 | 0 | D |
Explanation of responses
- F1The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $85.38 to $85.62. 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.
- F2The options vest in five equal annual installments beginning 7/17/2011.
- F3The options vest in five equal annual installments beginning on 7/3/2012.
- F4The 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.