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CUMMINS INC — Director's Dealing 2017
Jul 10, 2017
29984_dirs_2017-07-10_7e9ece53-0585-42a3-9e64-b90440e3e541.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: 2017-07-06
Reporting Person: Freeland Richard Joseph (President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-10 | Common | G | 8000.0000 | $0.0000 | Acquired | 14131.0000 | Direct |
| 2017-07-06 | Common | M | 10900.0000 | $58.1150 | Acquired | 25031.0000 | Direct |
| 2017-07-06 | Common | M | 3650.0000 | $19.4200 | Acquired | 28681.0000 | Direct |
| 2017-07-06 | Common | S | 8000.0000 | $165.0000 | Disposed | 20681.0000 | Direct |
| 2017-07-06 | Common | S | 14550.0000 | $165.0000 | Disposed | 6131.0000 | Direct |
| 2017-05-10 | Common | G | 8000.0000 | $0.0000 | Disposed | 7706.0000 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-06 | Stock Option (Right-to-Buy) | $58.1150 | M | 10900.0000 | Disposed | 2020-03-01 | Common (10900.0000) | Direct |
| 2017-07-06 | Stock Option (Right-to-Buy) | $19.4200 | M | 3650.0000 | Disposed | 2019-03-02 | Common (3650.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 2746.5000 | Indirect |
| Common | 8000.0000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right-to-Buy) | $109.0900 | 2026-04-04 | Common (48500.0000) | 48500.0000 | Direct |
| Stock Option (Right-to-Buy) | $111.8400 | 2023-04-02 | Common (16450.0000) | 16450.0000 | Direct |
| Stock Option (Right-to-Buy) | $119.7700 | 2021-05-02 | Common (8150.0000) | 8150.0000 | Direct |
| Stock Option (Right-to-Buy) | $120.2800 | 2022-04-02 | Common (11030.0000) | 11030.0000 | Direct |
| Stock Option (Right-to-Buy) | $136.8200 | 2025-04-02 | Common (22340.0000) | 22340.0000 | Direct |
| Stock Option (Right-to-Buy) | $149.3400 | 2024-04-02 | Common (12290.0000) | 12290.0000 | Direct |
| Stock Option (Right-to-Buy) | $149.7200 | 2027-04-03 | Common (31270.0000) | 31270.0000 | Direct |
| Stock Option (Right-to-Buy) | $154.2000 | 2024-07-16 | Common (1960.0000) | 1960.0000 | Direct |
Footnotes
F1: Gift of shares from the reporting person's revocable trust to the reporting person's directly-held shares.
F2: Transactions pursuant to Rule 10b5-1 Trading Plan entered into on February 23, 2017.
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.