CUMMINS INC — Director's Dealing 2016

Dec 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CUMMINS INC (CMI)
CIK: 0000026172
Period of Report: 2016-12-01

Reporting Person: CHAPMAN STEVEN M (Group Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-01	Common	S	3000	$145	Disposed	9369	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	10028.67	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right-to-Buy)	$58.115	2020-03-01	Common (6540)	6540	Direct
Stock Option (Right-to-Buy)	$119.77	2021-05-02	Common (5540)	5540	Direct
Stock Option (Right-to-Buy)	$120.28	2022-04-02	Common (6250)	6250	Direct
Stock Option (Right-to-Buy)	$111.84	2023-04-02	Common (8110)	8110	Direct
Stock Option (Right-to-Buy)	$149.34	2024-04-02	Common (7120)	7120	Direct
Stock Option (Right-to-Buy)	$136.82	2025-04-02	Common (9830)	9830	Direct
Stock Option (Right-to-Buy)	$109.09	2026-04-04	Common (21350)	21350	Direct

Footnotes

F1: Sale pursuant to Rule 10b5-1 Trading Plan entered into on November 6, 2015.

F2: 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.