CUMMINS INC — Director's Dealing 2016

Nov 14, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CUMMINS INC (CMI)
CIK: 0000026172
Period of Report: 2016-11-09

Reporting Person: Freeland Richard Joseph (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-09	Common	S	2500	$135	Disposed	3308	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	17206	Indirect
Common	8000	Indirect
Common	2611.45	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right-to-Buy)	$19.42	2019-03-02	Common (3650)	3650	Direct
Stock Option (Right-to-Buy)	$58.115	2020-03-01	Common (10900)	10900	Direct
Stock Option (Right-to-Buy)	$120.28	2022-04-02	Common (11030)	11030	Direct
Stock Option (Right-to-Buy)	$111.84	2023-04-02	Common (16450)	16450	Direct
Stock Option (Right-to-Buy)	$149.34	2024-04-02	Common (12290)	12290	Direct
Stock Option (Right-to-Buy)	$136.82	2025-04-02	Common (22340)	22340	Direct
Stock Option (Right-to-Buy)	$109.09	2026-04-04	Common (48500)	48500	Direct
Stock Option (Right-to-Buy)	$119.77	2021-05-02	Common (8150)	8150	Direct
Stock Option (Right-to-Buy)	$154.2	2024-07-16	Common (1960)	1960	Direct

Footnotes

F1: Sale pursuant to Rule 10b5-1 Trading Plan entered into on November 23, 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.