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CUMMINS INC — Director's Dealing 2016
Nov 14, 2016
29984_dirs_2016-11-14_fbb50000-dce5-4374-a887-449332417c17.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CUMMINS INC (CMI)
CIK: 0000026172
Period of Report: 2016-11-09
Reporting Person: CHAPMAN STEVEN M (Group Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-28 | Common | G | 670 | — | Disposed | 15369 | Direct |
| 2016-11-09 | Common | S | 3000 | $135 | Disposed | 12369 | 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) | $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 |
| Stock Option (Right-to-Buy) | $119.77 | 2021-05-02 | Common (5540) | 5540 | Direct |
Footnotes
F1: The number of shares of Common Stock beneficially owned by the reporting person following the reported transaction has been reduced by 4,231 shares pursuant to a discrepancy discovered during an audit of the reporting person's shareholdings. The audit did not identify any violations of Section 16(b) of the Securities Exchange Act of 1934, as amended. To the extent this Form 4 updates the beneficial share ownership amounts reported on previously filed Form 4s, this Form 4 serves as an amendment to any such previously filed Form 4s.
F2: Sale pursuant to Rule 10b5-1 Trading Plan entered into on November 6, 2015.
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.