SEC Form 4 · accession 0001140361-18-035809
CINTAS CORP · CTAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott D Farmer
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Aug 3, 2018
Accepted (ET)
Aug 7, 2018 · 4:44 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, 2018 | M | 20,589 | $26.23 | A | 1,008,062 | D | |
| Common Stock | Aug 3, 2018 | M | 94,467 | $33.92 | A | 1,102,529 | D | |
| Common Stock | Aug 3, 2018 | F | 18,096 | $206.92 | D | 1,084,433 | D | |
| Common StockF5 | Aug 3, 2018 | M | 51,133 | — | A | 1,135,566 | D | |
| Common Stock | Aug 3, 2018 | F | 22,484 | $206.92 | D | 1,113,082 | D | |
| Common StockF1 | Aug 3, 2018 | F | 22,751 | $206.92 | D | 1,090,331 | D | |
| Common StockF2 | holding | — | — | — | 9,376,387 | I | By Limited Liability Limited Partnership | |
| Common StockF3 | holding | — | — | — | 3,926,900 | I | By Limited Liability Companies | |
| Common Stock | holding | — | — | — | 723,669 | I | By Trusts | |
| Common Stock | holding | — | — | — | 83,880 | I | By Limited Partnership | |
| Common Stock | holding | — | — | — | 4,038 | I | By Spouse | |
| Common Stock | holding | — | — | — | 1,143 | 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)F4 | $26.23 | Aug 3, 2018 | M | 20,589 | D | — | Jul 26, 2020 | Common Stock | 20,589 | 0 | D |
| Stock Option (Right to Buy)F4 | $33.92 | Aug 3, 2018 | M | 94,467 | D | — | Jul 25, 2021 | Common Stock | 94,467 | 0 | D |
| Restricted Stock UnitsF5 | — | Aug 3, 2018 | M | 51,133 | D | — | — | Common Stock | 51,133 | 0 | D |
Explanation of responses
- F1Restrictions on restricted shares granted pursuant to Cintas Corporation's 2005 Equity Compensation Plan (the "Equity Plan") and previously reported on Form 4 have lapsed. The Reporting Person has transferred 22,751 of these shares to satisfy tax withholding.
- F2Owned by a limited liability limited partnership of which Mr. Farmer has sole voting and dispositive power. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
- F3Owned by limited liability companies of which Mr. Farmer has sole voting and dispositive power. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
- F4Options granted pursuant to the Equity Plan. The 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.
- F5The restricted stock units were granted pursuant to Article 10 of the Equity Plan and are settable solely in shares of common stock and cliff vest on 8/3/2018.