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CUMMINS INC — Director's Dealing 2018
Oct 4, 2018
29984_dirs_2018-10-04_9d9458d5-f749-41a9-990c-e5c1b409c4cb.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: 2018-10-02
Reporting Person: Ward Pat (VP - Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-04-05 | Common | G | 2282.0000 | $0.0000 | Disposed | 0.0000 | Direct |
| 2018-10-02 | Common | G | 7984.0000 | $0.0000 | Acquired | 7984.0000 | Direct |
| 2018-10-02 | Common | S | 2282.0000 | $147.9800 | Disposed | 5702.0000 | Direct |
| 2018-10-03 | Common | S | 2221.0000 | $149.9000 | Disposed | 3481.0000 | Direct |
| 2018-04-05 | Common | G | 2282.0000 | $0.0000 | Acquired | 27232.0000 | Indirect |
| 2018-10-02 | Common | G | 7984.0000 | $0.0000 | Disposed | 19248.0000 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 1226.4600 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right-to-Buy) | $109.0900 | 2026-04-04 | Common (38810.0000) | 38810.0000 | Direct |
| Stock Option (Right-to-Buy) | $111.8400 | 2023-04-02 | Common (15020.0000) | 15020.0000 | 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 (15420.0000) | 15420.0000 | Direct |
| Stock Option (Right-to-Buy) | $149.3400 | 2024-04-02 | Common (11220.0000) | 11220.0000 | Direct |
| Stock Option (Right-to-Buy) | $149.7200 | 2027-04-03 | Common (25010.0000) | 25010.0000 | Direct |
| Stock Option (Right-to-Buy) | $160.1000 | 2028-04-03 | Common (17380.0000) | 17380.0000 | Direct |
Footnotes
F1: Reflects a negative adjustment of 16 shares since the Reporting Person's last Form 4 to reflect an increase in the number of shares withheld to satisfy tax liabilities related to earned performance shares.
F2: Reflects an increase for 7,984 shares previously held by the Diane E. Ward Revocable Trust, of which the reporting person is the trustee and disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3: Sale pursuant to Rule 10b5-1 Trading Plan entered into on August 3, 2018.
F4: Reflects a decrease of 7,984 shares that were distributed to the reporting person.
F5: 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.