AI assistant
CUMMINS INC — Director's Dealing 2021
Jan 6, 2021
29984_dirs_2021-01-06_e4aad968-c5a1-4663-875a-30da4c2c3dcd.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 5 — Annual Statement of Changes in Beneficial Ownership
Issuer: CUMMINS INC (CMI)
CIK: 0000026172
Period of Report: 2020-12-31
Reporting Person: LINEBARGER NORMAN THOMAS (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-05-15 | Common | G | 34572.0000 | $0.0000 | Disposed | 73120.0000 | Direct |
| 2020-09-01 | Common | G | 13767.0000 | $0.0000 | Acquired | 86887.0000 | Direct |
| 2020-09-01 | Common | G | 3884.0000 | $0.0000 | Acquired | 16832.0000 | Indirect |
| 2020-09-01 | Common | G | 3884.0000 | $0.0000 | Acquired | 16832.0000 | Indirect |
| 2020-09-01 | Common | G | 21535.0000 | $0.0000 | Disposed | 0.0000 | Indirect |
| 2020-05-15 | Common | G | 34572.0000 | $0.0000 | Acquired | 34572.0000 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 8435.5600 | Indirect |
| Common | 240.0000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 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) | $142.1200 | 2030-04-06 | Common (95920.0000) | 95920.0000 | 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 |
| Stock Option (Right-to-Buy) | $160.1000 | 2028-04-03 | Common (61700.0000) | 61700.0000 | Direct |
| Stock Option (Right-to-Buy) | $163.4300 | 2029-04-04 | Common (98670.0000) | 98670.0000 | Direct |
Footnotes
F1: 34,572 shares held by the reporting person in The Norman Thomas Linebarger Revocable Trust were transferred to the Grantor Retained Annuity Trust #4.
F2: Return of 13,767 shares upon the termination of the Grantor Retained Annuity Trust #3 by the reporting person.
F3: Upon termination of the Grantor Retained Annuity Trust #3 by the reporting person, a total of 7,768 shares (3,884 each) were distributed to trusts for the benefit of the reporting person's children, of which the reporting person is the sole trustee.
F4: 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.