Mark Andrew Smith - Feb 25, 2022 Form 4 Insider Report for CUMMINS INC (CMI)

Role
VP - Chief Financial Officer
Signature
/s/ Sharon Barner, Attorney-in-Fact
Stock symbol
CMI
Transactions as of
Feb 25, 2022
Transactions value $
-$17,226
Form type
4
Date filed
2/28/2022, 11:43 AM
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 $71K +590 +7.57% $120.28 8.38K Feb 25, 2022 Direct F1
transaction CMI Common Sale -$88.2K -430 -5.13% $205.10 7.95K Feb 25, 2022 Direct F1

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 -590 -100% $0.00* 0 Feb 25, 2022 Common 590 $120.28 Direct F1
holding CMI Stock Option (Right-to-Buy) 4.36K Feb 25, 2022 Common 4.36K $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 770 Feb 25, 2022 Common 770 $111.84 Direct
holding CMI Stock Option (Right-to-Buy) 970 Feb 25, 2022 Common 970 $114.13 Direct
holding CMI Stock Option (Right-to-Buy) 1.79K Feb 25, 2022 Common 1.79K $136.82 Direct
holding CMI Stock Option (Right-to-Buy) 21.3K Feb 25, 2022 Common 21.3K $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 1.07K Feb 25, 2022 Common 1.07K $149.34 Direct
holding CMI Stock Option (Right-to-Buy) 4.38K Feb 25, 2022 Common 4.38K $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 6.08K Feb 25, 2022 Common 6.08K $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 21.6K Feb 25, 2022 Common 21.6K $163.43 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options exercised and reported on this Form 4 were exercised in "sell-to-cover" transactions with respect to stock options that were set to expire in the near term. Any shares sold in such transactions were sold solely to cover the exercise price, fees and taxes associated with the stock option exercises.