Tony Satterthwaite - Mar 1, 2022 Form 4 Insider Report for CUMMINS INC (CMI)

Role
Vice Chairman
Signature
/s/ Sharon Barner, Attorney-in-Fact
Stock symbol
CMI
Transactions as of
Mar 1, 2022
Transactions value $
-$662,521
Form type
4
Date filed
3/3/2022, 03:16 PM
Previous filing
Jan 5, 2022
Next filing
Aug 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Award $0 +4.41K +7.41% $0.00 63.9K Mar 1, 2022 Direct
transaction CMI Common Award $0 +3.05K +4.77% $0.00 67K Mar 1, 2022 Direct
transaction CMI Common Award $0 +1.83K +2.73% $0.00 68.8K Mar 1, 2022 Direct
transaction CMI Common Tax liability -$160K -815 -1.18% $196.07 68K Mar 1, 2022 Direct F1
transaction CMI Common Tax liability -$246K -1.26K -1.85% $196.07 66.7K Mar 1, 2022 Direct F1
transaction CMI Common Tax liability -$256K -1.31K -1.96% $196.07 65.4K Mar 1, 2022 Direct F1
holding CMI Common 3.01K Mar 1, 2022 By 401(k) Plan F2

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) 24.3K Mar 1, 2022 Common 24.3K $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 11.9K Mar 1, 2022 Common 11.9K $111.84 Direct
holding CMI Stock Option (Right-to-Buy) 11.2K Mar 1, 2022 Common 11.2K $136.82 Direct
holding CMI Stock Option (Right-to-Buy) 24.5K Mar 1, 2022 Common 24.5K $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 8.91K Mar 1, 2022 Common 8.91K $149.34 Direct
holding CMI Stock Option (Right-to-Buy) 15.6K Mar 1, 2022 Common 15.6K $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 10.9K Mar 1, 2022 Common 10.9K $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 15.4K Mar 1, 2022 Common 15.4K $163.43 Direct
holding CMI Stock Option (Right-to-Buy) 9.25K Mar 1, 2022 Common 9.25K $166.18 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.