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CUMMINS INC — Director's Dealing 2022
Aug 30, 2022
29984_dirs_2022-08-30_755eee6f-e250-4ea5-b259-9022d607762a.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: 2022-08-25
Reporting Person: Satterthwaite Tony (Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-17 | Common | G | 1798.0000 | $0.0000 | Disposed | 63626.0000 | Direct |
| 2022-08-26 | Common | M | 516.0000 | $111.8400 | Acquired | 64142.0000 | Direct |
| 2022-08-26 | Common | S | 516.0000 | $230.0503 | Disposed | 63626.0000 | Direct |
| 2022-08-26 | Common | S | 4350.0000 | $230.1900 | Disposed | 59276.0000 | Direct |
| 2022-08-25 | Common | I | 854.3562 | $228.9700 | Disposed | 2252.9938 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-08-26 | Stock Option (Right-to-Buy) | $111.8400 | M | 516.0000 | Disposed | 2023-04-02 | Common (516.0000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right-to-Buy) | $109.0900 | 2026-04-04 | Common (24250.0000) | 24250.0000 | Direct |
| Stock Option (Right-to-Buy) | $136.8200 | 2025-04-02 | Common (11170.0000) | 11170.0000 | Direct |
| Stock Option (Right-to-Buy) | $142.1200 | 2030-04-06 | Common (24510.0000) | 24510.0000 | Direct |
| Stock Option (Right-to-Buy) | $149.3400 | 2024-04-02 | Common (8910.0000) | 8910.0000 | Direct |
| Stock Option (Right-to-Buy) | $149.7200 | 2027-04-03 | Common (15630.0000) | 15630.0000 | Direct |
| Stock Option (Right-to-Buy) | $160.1000 | 2028-04-03 | Common (10860.0000) | 10860.0000 | Direct |
| Stock Option (Right-to-Buy) | $163.4300 | 2029-04-04 | Common (15420.0000) | 15420.0000 | Direct |
| Stock Option (Right-to-Buy) | $166.1800 | 2029-10-16 | Common (9250.0000) | 9250.0000 | Direct |
Footnotes
F1: The reporting person made an intra-plan transfer of $195,621.93 out of the Cummins Stock Fund under the Company's 401(k) plan, with the number of shares equal to such amount divided by $228.97, which was the closing price on the date of the transaction. Because the Stock Fund is a unitized account, the actual number of shares and share price is not known.
F2: Includes 95.28 shares acquired under the 401(k) plan since the reporting person's last Form 4.
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.