Satterthwaite Tony 4
4 · CUMMINS INC · Filed Mar 19, 2024
Insider Transaction Report
Form 4
CUMMINS INCCMI
Satterthwaite Tony
Vice President
Transactions
- Other
Common
2024-03-18−333.545→ 77,442.455 total
Holdings
- 24,250
Stock Option (Right-to-Buy)
Exercise: $109.09From: 2019-04-04Exp: 2026-04-04→ Common (24,250 underlying) - 9,250
Stock Option (Right-to-Buy)
Exercise: $166.18From: 2022-10-16Exp: 2029-10-16→ Common (9,250 underlying) - 2,404.212(indirect: By 401(k))
Common
- 24,510
Stock Option (Right-to-Buy)
Exercise: $142.12From: 2023-04-06Exp: 2030-04-06→ Common (24,510 underlying) - 15,630
Stock Option (Right-to-Buy)
Exercise: $149.72From: 2020-04-03Exp: 2027-04-03→ Common (15,630 underlying)
Footnotes (2)
- [F1]Represents shares of Cummins, Inc. ("Cummins") common stock disposed of by the Reporting Person in the offer by Cummins to exchange up to 67,054,726 shares of Atmus Filtration Technologies Inc. ("Atmus") common stock for outstanding shares of Cummins common stock that were validly tendered and not validly withdrawn (the "Exchange Offer"), as more fully described in a registration statement on Form S-4 (File No. 333-277051 ) originally filed by Atmus with the Securities and Exchange Commission on February 14, 2024 and declared effective March 7, 2024.
- [F2]Pursuant to the Exchange Offer, the Reporting Person disposed of 333.5447 shares of Cummins common stock in exchange for 4,012 shares of Atmus common stock, based on the final exchange ratio of 12.0298 shares of Atmus common stock per share of Cummins common stock accepted in the Exchange Offer.