Tony Satterthwaite - 01 Mar 2022 Form 4 Insider Report for CUMMINS INC (CMI)

Signature
/s/ Sharon Barner, Attorney-in-Fact
Issuer symbol
CMI
Transactions as of
01 Mar 2022
Net transactions value
-$662,521
Form type
4
Filing time
03 Mar 2022, 15:16:02 UTC
Previous filing
05 Jan 2022
Next filing
30 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Award $0 +4,408 +7.4% $0.000000 63,925 01 Mar 2022 Direct
transaction CMI Common Award $0 +3,051 +4.8% $0.000000 66,976 01 Mar 2022 Direct
transaction CMI Common Award $0 +1,827 +2.7% $0.000000 68,803 01 Mar 2022 Direct
transaction CMI Common Tax liability $159,797 -815 -1.2% $196.07 67,988 01 Mar 2022 Direct F1
transaction CMI Common Tax liability $246,460 -1,257 -1.8% $196.07 66,731 01 Mar 2022 Direct F1
transaction CMI Common Tax liability $256,263 -1,307 -2% $196.07 65,424 01 Mar 2022 Direct F1
holding CMI Common 3,012 01 Mar 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) 24,250 01 Mar 2022 Common 24,250 $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 11,920 01 Mar 2022 Common 11,920 $111.84 Direct
holding CMI Stock Option (Right-to-Buy) 11,170 01 Mar 2022 Common 11,170 $136.82 Direct
holding CMI Stock Option (Right-to-Buy) 24,510 01 Mar 2022 Common 24,510 $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 8,910 01 Mar 2022 Common 8,910 $149.34 Direct
holding CMI Stock Option (Right-to-Buy) 15,630 01 Mar 2022 Common 15,630 $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 10,860 01 Mar 2022 Common 10,860 $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 15,420 01 Mar 2022 Common 15,420 $163.43 Direct
holding CMI Stock Option (Right-to-Buy) 9,250 01 Mar 2022 Common 9,250 $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.