Nusterer Norbert 4
4 · CUMMINS INC · Filed Mar 5, 2018
Insider Transaction Report
Form 4
CUMMINS INCCMI
Nusterer Norbert
VP & President - Power Systems
Transactions
- Tax Payment
Common
2018-03-01$160.89/sh−187$30,086→ 6,369 total - Award
Common
2018-03-01+609→ 6,556 total
Holdings
- 6,305
Stock Option (Right-to-Buy)
Exercise: $109.09From: 2019-04-04Exp: 2026-04-04→ Common (6,305 underlying) - 1,780
Stock Option (Right-to-Buy)
Exercise: $149.34From: 2017-04-02Exp: 2024-04-02→ Common (1,780 underlying) - 8,760
Stock Option (Right-to-Buy)
Exercise: $149.72From: 2020-04-03Exp: 2027-04-03→ Common (8,760 underlying) - 329.89(indirect: By 401(k))
Common
- 1,100
Stock Option (Right-to-Buy)
Exercise: $111.84From: 2015-04-02Exp: 2023-04-02→ Common (1,100 underlying) - 2,905
Stock Option (Right-to-Buy)
Exercise: $136.82From: 2018-04-02Exp: 2025-04-02→ Common (2,905 underlying)
Footnotes (2)
- [F1]Shares withheld to satisfy tax liabilities relating to earned performance shares.
- [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.