Sharon R. Barner - 04 Nov 2022 Form 4 Insider Report for CUMMINS INC (CMI)

Role
VP - Chief Administrative Off.
Signature
/s/ Sharon Barner, Attorney-in-Fact
Issuer symbol
CMI
Transactions as of
04 Nov 2022
Net transactions value
-$211,720
Form type
4
Filing time
08 Nov 2022, 12:04:17 UTC
Previous filing
12 Aug 2022
Next filing
10 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Options Exercise $115,635 +1,060 +6.5% $109.09 17,408 04 Nov 2022 Direct
transaction CMI Common Sale $248,955 -1,060 -6.1% $234.86 16,348 04 Nov 2022 Direct F1
transaction CMI Common Options Exercise $65,454 +600 +3.7% $109.09 16,948 07 Nov 2022 Direct
transaction CMI Common Sale $143,854 -600 -3.5% $239.76 16,348 07 Nov 2022 Direct 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
transaction CMI Stock Option (Right-to-Buy) Options Exercise $0 -1,060 -11% $0.000000 8,600 04 Nov 2022 Common 1,060 $109.09 Direct
transaction CMI Stock Option (Right-to-Buy) Options Exercise $0 -600 -7% $0.000000 8,000 07 Nov 2022 Common 600 $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 15,990 04 Nov 2022 Common 15,990 $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 5,929 04 Nov 2022 Common 5,929 $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 9,560 04 Nov 2022 Common 9,560 $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 15,420 04 Nov 2022 Common 15,420 $163.43 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 $234.75 - $235.11. 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 $239.75 - $239.76. 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.