Sharon R. Barner - Nov 10, 2021 Form 4 Insider Report for CUMMINS INC (CMI)

Role
VP - Chief Administrative Off.
Signature
/s/ Sharon Barner, Attorney-in-Fact
Stock symbol
CMI
Transactions as of
Nov 10, 2021
Transactions value $
-$2,678,572
Form type
4
Date filed
11/12/2021, 01:32 PM
Previous filing
Jun 1, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Options Exercise $1.1M +8.04K +56.68% $136.82 22.2K Nov 10, 2021 Direct
transaction CMI Common Options Exercise $747K +6.68K +30.05% $111.84 28.9K Nov 10, 2021 Direct
transaction CMI Common Options Exercise $851K +5.7K +19.72% $149.34 34.6K Nov 10, 2021 Direct
transaction CMI Common Options Exercise $530K +4.41K +12.74% $120.28 39K Nov 10, 2021 Direct
transaction CMI Common Sale -$167K -700 -1.79% $238.33 38.3K Nov 10, 2021 Direct F1
transaction CMI Common Sale -$2.47M -10.4K -27.12% $237.70 27.9K Nov 10, 2021 Direct F2
transaction CMI Common Sale -$3.26M -13.7K -49.06% $238.05 14.2K Nov 10, 2021 Direct F3
transaction CMI Common Sale -$9.52K -40 -0.28% $237.95 14.2K Nov 11, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CMI Stock Option (Right-to-Buy) Options Exercise $0 -4.41K -100% $0.00* 0 Nov 10, 2021 Common 4.41K $120.28 Direct
transaction CMI Stock Option (Right-to-Buy) Options Exercise $0 -6.68K -100% $0.00* 0 Nov 10, 2021 Common 6.68K $111.84 Direct
transaction CMI Stock Option (Right-to-Buy) Options Exercise $0 -5.7K -100% $0.00* 0 Nov 10, 2021 Common 5.7K $149.34 Direct
transaction CMI Stock Option (Right-to-Buy) Options Exercise $0 -8.04K -100% $0.00* 0 Nov 10, 2021 Common 8.04K $136.82 Direct
holding CMI Stock Option (Right-to-Buy) 19.4K Nov 10, 2021 Common 19.4K $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 16K Nov 10, 2021 Common 16K $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 12.5K Nov 10, 2021 Common 12.5K $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 9.56K Nov 10, 2021 Common 9.56K $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 15.4K Nov 10, 2021 Common 15.4K $163.43 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $238.2850 - $239.4100. 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 price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $237.2066 - $238.2050. 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.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $237.9500 - $238.3100. 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.