SEC Form 4 · accession 0001140361-17-013229
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
Mar 23, 2017
Accepted (ET)
Mar 24, 2017 · 3:45 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 | Mar 23, 2017 | M | 1,315 | $39.84 | A | 74,466 | D | |
| Common Stock | Mar 23, 2017 | M | 5,650 | $22.61 | A | 80,116 | D | |
| Common Stock | Mar 23, 2017 | M | 11,500 | $25.88 | A | 91,616 | D | |
| Common StockF1 | Mar 23, 2017 | S | 11,500 | $127.23 | D | 80,116 | 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 | $39.84 | Mar 23, 2017 | M | 1,315 | D | — | Jul 3, 2017 | Common Stock | 1,315 | 0 | D |
| Stock Option (Right to Buy)F3 | $22.61 | Mar 23, 2017 | M | 5,650 | D | — | Jul 17, 2019 | Common Stock | 5,650 | 0 | D |
| Stock Option (Right to Buy)F3 | $25.88 | Mar 23, 2017 | M | 11,500 | D | — | Jul 22, 2020 | Common Stock | 11,500 | 0 | D |
Explanation of responses
- F1The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.84 to $128.32 per share. 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.
- F2Options granted pursuant to Cintas Corporation's 2005 Equity Compensation Plan. The options vest in five equal annual installments beginning 7/3/2012.
- F3The 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.