Gerstle Mark R 4
4 · CUMMINS INC · Filed Mar 11, 2013
Insider Transaction Report
Form 4
CUMMINS INCCMI
Gerstle Mark R
VP Qual+Chief Risk Ofcr
Transactions
- Tax Payment
Common
2013-03-07$115.05/sh−1,461$168,088→ 9,643 total
Holdings
- 360
Stock Option (Right-to-Buy)
Exercise: $58.12From: 2012-03-01Exp: 2020-03-01→ Common (360 underlying) - 3,680
Stock Option (Right-to-Buy)
Exercise: $120.28From: 2014-04-02Exp: 2022-04-02→ Common (3,680 underlying) - 3,260
Stock Option (Right-to-Buy)
Exercise: $119.77From: 2013-05-02Exp: 2021-05-02→ Common (3,260 underlying) - 3,345.41(indirect: By 401(k))
Common
Footnotes (2)
- [F1]Shares withheld to satisfy tax liabilities upon Vesting of Restricted Stock.
- [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.