HARRIS RICHARD E 4
4 · CUMMINS INC · Filed Feb 22, 2013
Insider Transaction Report
Form 4
CUMMINS INCCMI
HARRIS RICHARD E
Treasurer
Transactions
- Discretionary Transaction
Common
2013-02-20$114.83/sh−1,183.05$135,850→ 0 total(indirect: By 401(k)) - Sale
Common
2013-02-22$113.24/sh−6,000$679,424→ 9,395 total
Holdings
- 2,120
Stock Option (Right-to-Buy)
Exercise: $119.77From: 2013-05-02Exp: 2021-05-02→ Common (2,120 underlying) - 2,390
Stock Option (Right-to-Buy)
Exercise: $120.28From: 2014-04-02Exp: 2022-04-02→ Common (2,390 underlying) - 3,540
Stock Option (Right-to-Buy)
Exercise: $58.12From: 2012-03-01Exp: 2020-03-01→ Common (3,540 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $113.21 - $113.31. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.
- [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.