SEC Form 4 · accession 0001140361-16-073683
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
Jul 26, 2016
Accepted (ET)
Jul 28, 2016 · 3:57 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 StockF1 | Jul 26, 2016 | A | 10,236 | $108.39 | A | 75,908 | D | |
| Common StockF2 | Jul 26, 2016 | F | 2,757 | $108.39 | D | 73,151 | 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)F3 | $108.39 | Jul 26, 2016 | A | 24,450 | A | — | Jul 26, 2026 | Common Stock | 24,450 | 0 | D |
Explanation of responses
- F1Restricted shares granted pursuant to Cintas Corporation's 2005 Equity Compensation Plan.
- F2Restrictions on restricted shares granted pursuant to Cintas Corporation's 2005 Equity Compensation Plan and previously reported on Form 4 have lapsed. The Reporting Person has transferred 2,757 of these shares to satisfy tax withholding.
- F3The options vest 33% on 07/26/2019, 33% on 07/26/2020 and 34% on 07/26/2021.