SEC Form 4 · accession 0001140361-18-033638
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 24, 2018
Accepted (ET)
Jul 26, 2018 · 3:26 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 24, 2018 | A | 9,015 | $206.99 | A | 104,441 | D | |
| Common StockF2 | Jul 24, 2018 | F | 5,387 | $206.99 | D | 99,054 | 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 | $206.99 | Jul 24, 2018 | A | 22,073 | D | — | Jul 24, 2028 | Common Stock | 22,073 | 22,073 | 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 5,387 of these shares to satisfy tax withholding.
- F3The 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.