Walter J. Fier - Nov 11, 2021 Form 4 Insider Report for CUMMINS INC (CMI)

Role: VP - Chief Technical Officer
Signature: /s/ Sharon Barner, Attorney-in-Fact
Stock symbol: CMI
Transactions as of: Nov 11, 2021
Transactions value $: -$363,495
Form type: 4
Date filed: 11/12/2021, 03:45 PM
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	$370K	+3.39K	+91.53%	$109.09	7.09K	Nov 11, 2021	Direct
transaction	CMI	Common	Options Exercise	$421K	+2.81K	+39.61%	$149.72	9.9K	Nov 11, 2021	Direct
transaction	CMI	Common	Options Exercise	$314K	+1.96K	+19.79%	$160.10	11.9K	Nov 11, 2021	Direct
transaction	CMI	Common	Options Exercise	$183K	+1.34K	+11.29%	$136.82	13.2K	Nov 11, 2021	Direct
transaction	CMI	Common	Options Exercise	$83.6K	+560	+4.24%	$149.34	13.8K	Nov 11, 2021	Direct
transaction	CMI	Common	Sale	-$8.21K	-35	-0.25%	$234.69	13.7K	Nov 11, 2021	Direct
transaction	CMI	Common	Sale	-$468K	-1.98K	-14.44%	$236.20	11.7K	Nov 11, 2021	Direct	F1
transaction	CMI	Common	Sale	-$1.26M	-5.34K	-45.49%	$235.53	6.4K	Nov 11, 2021	Direct	F2
holding	CMI	Common						82.2	Nov 11, 2021	By Spouse

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
transaction	CMI	Stock Option (Right-to-Buy)	Options Exercise	$0	-560	-100%	$0.00^*	0	Nov 11, 2021	Common	560	$149.34	Direct
transaction	CMI	Stock Option (Right-to-Buy)	Options Exercise	$0	-1.34K	-100%	$0.00^*	0	Nov 11, 2021	Common	1.34K	$136.82	Direct
transaction	CMI	Stock Option (Right-to-Buy)	Options Exercise	$0	-2.81K	-100%	$0.00^*	0	Nov 11, 2021	Common	2.81K	$149.72	Direct
transaction	CMI	Stock Option (Right-to-Buy)	Options Exercise	$0	-1.96K	-100%	$0.00^*	0	Nov 11, 2021	Common	1.96K	$160.10	Direct
transaction	CMI	Stock Option (Right-to-Buy)	Options Exercise	$0	-3.39K	-100%	$0.00^*	0	Nov 11, 2021	Common	3.39K	$109.09	Direct
holding	CMI	Stock Option (Right-to-Buy)						5.33K	Nov 11, 2021	Common	5.33K	$142.12	Direct
holding	CMI	Stock Option (Right-to-Buy)						3.09K	Nov 11, 2021	Common	3.09K	$163.43	Direct
holding	CMI	Stock Option (Right-to-Buy)						1.24K	Nov 11, 2021	Common	1.24K	$166.18	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 $236.0100 - $236.3500. 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 $235.0000 - $235.9500. 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.

Content

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $236.0100 - $236.3500. 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.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $235.0000 - $235.9500. 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.