CUMMINS INC — Director's Dealing 2016

May 26, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CUMMINS INC (CMI)
CIK: 0000026172
Period of Report: 2016-05-25

Reporting Person: Talaulicar Anant (VP & Ch. - Cummins India ABO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-25	Common	S	5100.0000	$111.5383	Disposed	13009.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	269.4900	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right-to-Buy)	$120.2800	2022-04-02	Common (7350.0000)	7350.0000	Direct
Stock Option (Right-to-Buy)	$111.8400	2023-04-02	Common (11450.0000)	11450.0000	Direct
Stock Option (Right-to-Buy)	$149.3400	2024-04-02	Common (8550.0000)	8550.0000	Direct
Stock Option (Right-to-Buy)	$136.8200	2025-04-02	Common (10730.0000)	10730.0000	Direct
Stock Option (Right-to-Buy)	$109.0900	2026-04-04	Common (23280.0000)	23280.0000	Direct
Stock Option (Right-to-Buy)	$119.7700	2021-05-02	Common (6520.0000)	6520.0000	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $111.448 - $111.5401. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

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.