SEC Form 4 · accession 0001140361-17-028905
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 25, 2017
Accepted (ET)
Jul 27, 2017 · 4:28 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 25, 2017 | A | 12,415 | $137.30 | A | 92,531 | D | |
| Common StockF2 | Jul 25, 2017 | F | 5,705 | $137.30 | D | 86,826 | 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 | $137.30 | Jul 25, 2017 | A | 30,002 | A | — | Jul 25, 2027 | Common Stock | 30,002 | 30,002 | D |
Explanation of responses
- F1Restricted shares granted pursuant to Cintas Corporation's 2016 Equity and Incentive 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 5,705 of these shares to satisfy tax withholding.
- F3The option vests as follows: 33% on the third anniversary of the grant date, 33% on the fourth anniversary of the grant date and 34% on the fifth anniversary of the grant date.