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CUMMINS INC — Director's Dealing 2017
Jan 13, 2017
29984_dirs_2017-01-13_92945b9b-8d23-4047-bf5f-1e877544359c.zip
Director's Dealing
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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership
Issuer: CUMMINS INC (CMI)
CIK: 0000026172
Period of Report: 2016-12-31
Reporting Person: LINEBARGER NORMAN THOMAS (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-08-30 | Common | G | 25900.0000 | $0.0000 | Acquired | 40750.0000 | Direct |
| 2016-08-30 | Common | G | 25900.0000 | $0.0000 | Disposed | 240.0000 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 7307.2100 | Indirect |
| Common | 6457.0000 | Indirect |
| Common | 6457.0000 | Indirect |
| Common | 22430.0000 | Indirect |
| Common | 42386.0000 | 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 |
Footnotes
F1: Shares are held in The Norman Thomas Linebarger Revocable Trust. Reflects an increase for 16,750 shares previously held by the Grantor Retained Annuity Trust #1 that were distributed to the reporting person and a decrease for 42,386 shares previously held directly by the reporting person that have been transferred to the Grantor Retained Annuity Trust #2.
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.
F3: Reflects a decrease for 16,750 shares that were distributed to the reporting person.
F4: 42,386 shares held by the reporting person have been transferred to the Grantor Retained Annuity Trust #2.