SEC Form 4 · accession 0001225208-17-008797
CUMMINS INC · CMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tony Satterthwaite
Officer — President - Distribution
Period of report
Apr 28, 2017
Accepted (ET)
May 2, 2017 · 2:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000026172
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common | Apr 28, 2017 | M | 4,000 | $19.42 | A | 41,902 | D | |
| Common | Apr 28, 2017 | S | 4,000 | $151.0347 | D | 37,902 | D | |
| CommonF2 | holding | — | — | — | 2,375 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right-to-Buy) | $19.42 | Apr 28, 2017 | M | 4,000 | D | Mar 2, 2011 | Mar 2, 2019 | Common | 4,000 | 8,830 | D |
| Stock Option (Right-to-Buy) | $149.72 | May 1, 2017 | A | 15,630 | A | Apr 3, 2020 | Apr 3, 2027 | Common | 15,630 | 15,630 | D |
| Stock Option (Right-to-Buy) | $58.115 | holding | — | — | — | Mar 1, 2012 | Mar 1, 2020 | Common | 8,450 | 8,450 | D |
| Stock Option (Right-to-Buy) | $109.09 | holding | — | — | — | Apr 4, 2019 | Apr 4, 2026 | Common | 24,250 | 24,250 | D |
| Stock Option (Right-to-Buy) | $111.84 | holding | — | — | — | Apr 2, 2015 | Apr 2, 2023 | Common | 11,920 | 11,920 | D |
| Stock Option (Right-to-Buy) | $119.77 | holding | — | — | — | May 2, 2013 | May 2, 2021 | Common | 8,150 | 8,150 | D |
| Stock Option (Right-to-Buy) | $120.28 | holding | — | — | — | Apr 2, 2014 | Apr 2, 2022 | Common | 9,190 | 9,190 | D |
| Stock Option (Right-to-Buy) | $136.82 | holding | — | — | — | Apr 2, 2018 | Apr 2, 2025 | Common | 11,170 | 11,170 | D |
| Stock Option (Right-to-Buy) | $149.34 | holding | — | — | — | Apr 2, 2017 | Apr 2, 2024 | Common | 8,910 | 8,910 | D |
Explanation of responses
- F1Transactions pursuant to Rule 10b5-1 Trading Plan entered into on February 27, 2017.
- F2The 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.