Norman Thomas Linebarger - Mar 1, 2022 Form 4 Insider Report for CUMMINS INC (CMI)

Role
Chairman & CEO, Director
Signature
/s/ Sharon Barner, Attorney-in-Fact
Stock symbol
CMI
Transactions as of
Mar 1, 2022
Transactions value $
-$1,555,619
Form type
4
Date filed
3/3/2022, 03:15 PM
Previous filing
Jan 6, 2022
Next filing
Apr 4, 2022
SEC
View on sec.gov

Transactions Table

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
holding CMI Stock Option (Right-to-Buy) 132K Mar 1, 2022 Common 132K $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 60.1K Mar 1, 2022 Common 60.1K $111.84 Direct
holding CMI Stock Option (Right-to-Buy) 37.5K Mar 1, 2022 Common 37.5K $120.28 Direct
holding CMI Stock Option (Right-to-Buy) 60.8K Mar 1, 2022 Common 60.8K $136.82 Direct
holding CMI Stock Option (Right-to-Buy) 95.9K Mar 1, 2022 Common 95.9K $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 44.9K Mar 1, 2022 Common 44.9K $149.34 Direct
holding CMI Stock Option (Right-to-Buy) 85.1K Mar 1, 2022 Common 85.1K $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 61.7K Mar 1, 2022 Common 61.7K $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 98.7K Mar 1, 2022 Common 98.7K $163.43 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.