Sharon R. Barner - Nov 14, 2022 Form 4 Insider Report for CUMMINS INC (CMI)

Role
VP - Chief Administrative Off.
Signature
/s/ Sharon Barner, Attorney-in-Fact
Stock symbol
CMI
Transactions as of
Nov 14, 2022
Transactions value $
-$215,712
Form type
4
Date filed
11/16/2022, 08:22 AM
Previous filing
Nov 10, 2022
Next filing
Nov 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Options Exercise $399K +2.44K +14.94% $163.43 18.8K Nov 14, 2022 Direct
transaction CMI Common Sale -$615K -2.44K -13% $251.76 16.3K Nov 14, 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 -2.44K -15.84% $0.00 13K Nov 14, 2022 Common 2.44K $163.43 Direct
holding CMI Stock Option (Right-to-Buy) 5.54K Nov 14, 2022 Common 5.54K $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 16K Nov 14, 2022 Common 16K $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 5.93K Nov 14, 2022 Common 5.93K $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 9.56K Nov 14, 2022 Common 9.56K $160.10 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 $251.6650 - $251.85. 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.