CUMMINS INC — Director's Dealing 2018

Nov 5, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CUMMINS INC (CMI)
CIK: 0000026172
Period of Report: 2018-11-05

Reporting Person: Satterthwaite Tony (President - Distribution)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-05	Common	M	830	$19.42	Acquired	40371	Direct
2018-11-05	Common	S	830	$141.6056	Disposed	39541	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-05	Stock Option (Right-to-Buy)	$19.42	M	830	Disposed	2019-03-02	Common (830)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	2585.95	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right-to-Buy)	$58.115	2020-03-01	Common (8450)	8450	Direct
Stock Option (Right-to-Buy)	$119.77	2021-05-02	Common (8150)	8150	Direct
Stock Option (Right-to-Buy)	$120.28	2022-04-02	Common (9190)	9190	Direct
Stock Option (Right-to-Buy)	$111.84	2023-04-02	Common (11920)	11920	Direct
Stock Option (Right-to-Buy)	$149.34	2024-04-02	Common (8910)	8910	Direct
Stock Option (Right-to-Buy)	$136.82	2025-04-02	Common (11170)	11170	Direct
Stock Option (Right-to-Buy)	$109.09	2026-04-04	Common (24250)	24250	Direct
Stock Option (Right-to-Buy)	$149.72	2027-04-03	Common (15630)	15630	Direct
Stock Option (Right-to-Buy)	$160.1	2028-04-03	Common (10860)	10860	Direct

Footnotes

F1: 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.