CUMMINS INC 4
4 · CUMMINS INC · Filed May 26, 2016
Insider Transaction Report
Form 4
CUMMINS INCCMI
Talaulicar Anant
VP & President - Components
Transactions
- Sale
Common
2016-05-25$111.54/sh−5,100$568,845→ 13,009 total
Holdings
- 6,520
Stock Option (Right-to-Buy)
Exercise: $119.77From: 2013-05-02Exp: 2021-05-02→ Common (6,520 underlying) - 7,350
Stock Option (Right-to-Buy)
Exercise: $120.28From: 2014-04-02Exp: 2022-04-02→ Common (7,350 underlying) - 10,730
Stock Option (Right-to-Buy)
Exercise: $136.82From: 2018-04-02Exp: 2025-04-02→ Common (10,730 underlying) - 11,450
Stock Option (Right-to-Buy)
Exercise: $111.84From: 2015-04-02Exp: 2023-04-02→ Common (11,450 underlying) - 23,280
Stock Option (Right-to-Buy)
Exercise: $109.09From: 2019-04-04Exp: 2026-04-04→ Common (23,280 underlying) - 269.49(indirect: By 401(k))
Common
- 8,550
Stock Option (Right-to-Buy)
Exercise: $149.34From: 2017-04-02Exp: 2024-04-02→ Common (8,550 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 $111.448 - $111.5401. 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.