AI assistant
CUMMINS INC — Director's Dealing 2012
Mar 6, 2012
29984_dirs_2012-03-06_25c97e0e-643e-4d3e-a9e6-ba18ff5c7726.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CUMMINS INC (CMI)
CIK: 0000026172
Period of Report: 2012-03-02
Reporting Person: Freeland Richard Joseph (President - Engine Business)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-03-02 | Common | A | 11360.0000 | $0.0000 | Acquired | 49304.0000 | Direct |
| 2012-03-02 | Common | F | 2064.0000 | $121.6500 | Disposed | 47240.0000 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 2013.1700 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right-to-Buy) | $58.1150 | 2020-03-01 | Common (10900.0000) | 10900.0000 | Direct |
| Stock Option (Right-to-Buy) | $19.4200 | 2019-03-02 | Common (3650.0000) | 3650.0000 | Direct |
| Stock Option (Right-to-Buy) | $119.7700 | 2021-05-02 | Common (8150.0000) | 8150.0000 | Direct |
Footnotes
F1: Shares earned from March 1, 2010 Target Awards based on 2010-2011 Company financial performance. Shares are subject to forfeiture until 3/1/2013.
F2: Shares withheld to satisfy tax liabilities upon Vesting of Restricted Stock.
F3: The number of shares is based on the dollar value of the reporting person's interest in the Cummins Stock Fund under the Company's 401(k) plan as most recently provided by the plan. The actual number of shares underlying the interest is not known since the Cummins Stock Fund is a unitized account consisting of approximately 98% common stock and 2% cash or cash equivalents.