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CUMMINS INC — Director's Dealing 2017
Oct 3, 2017
29984_dirs_2017-10-03_7d3fab75-c84d-4cab-b394-bdd9f8d106ff.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: 2017-08-30
Reporting Person: LINEBARGER NORMAN THOMAS (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-30 | Common | G | 16266.0000 | $0.0000 | Acquired | 40873.0000 | Direct |
| 2017-09-06 | Common | G | 15000.0000 | $0.0000 | Acquired | 55873.0000 | Direct |
| 2017-08-31 | Common | G | 3082.0000 | $0.0000 | Acquired | 9539.0000 | Indirect |
| 2017-08-31 | Common | G | 3082.0000 | $0.0000 | Acquired | 9539.0000 | Indirect |
| 2017-08-30 | Common | G | 16266.0000 | $0.0000 | Disposed | 6164.0000 | Indirect |
| 2017-08-31 | Common | G | 3082.0000 | $0.0000 | Disposed | 3082.0000 | Indirect |
| 2017-08-31 | Common | G | 3082.0000 | $0.0000 | Disposed | 0.0000 | Indirect |
| 2017-09-06 | Common | G | 15000.0000 | $0.0000 | Disposed | 27386.0000 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 7515.6700 | Indirect |
| Common | 240.0000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right-to-Buy) | $19.4200 | 2019-03-02 | Common (24830.0000) | 24830.0000 | Direct |
| Stock Option (Right-to-Buy) | $58.1150 | 2020-03-01 | Common (16360.0000) | 16360.0000 | Direct |
| Stock Option (Right-to-Buy) | $109.0900 | 2026-04-04 | Common (131920.0000) | 131920.0000 | Direct |
| Stock Option (Right-to-Buy) | $111.8400 | 2023-04-02 | Common (60100.0000) | 60100.0000 | Direct |
| Stock Option (Right-to-Buy) | $119.7700 | 2021-05-02 | Common (13040.0000) | 13040.0000 | Direct |
| Stock Option (Right-to-Buy) | $120.2800 | 2022-04-02 | Common (37510.0000) | 37510.0000 | Direct |
| Stock Option (Right-to-Buy) | $136.8200 | 2025-04-02 | Common (60780.0000) | 60780.0000 | Direct |
| Stock Option (Right-to-Buy) | $149.3400 | 2024-04-02 | Common (44890.0000) | 44890.0000 | Direct |
| Stock Option (Right-to-Buy) | $149.7200 | 2027-04-03 | Common (85050.0000) | 85050.0000 | Direct |
Footnotes
F1: Upon termination of the Grantor Retained Annuity Trust #1 by the reporting person, a total of 6,164 shares (3,082 shares each) were distributed to trusts for the benefit of two of the reporting person's children of which the reporting person is the sole trustee and the remaining 16,266 shares in the Grantor Retained Annuity Trust #1 were distributed to The Norman Thomas Linebarger Revocable Trust.
F2: Return of shares from the Grantor Retained Annuity Trust #2.
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.