SEC Form 5 · accession 0001225208-19-001024
CUMMINS INC · CMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Osowick
Officer — VP - Human Resources Op.
Period of report
Dec 31, 2018
Accepted (ET)
Jan 18, 2019 · 11:11 am EST
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 |
|---|---|---|---|---|---|---|---|---|
| CommonF1,F2 | Mar 1, 2018 | F | 2 | $0.00 | D | 6,007 | D | |
| CommonF3 | holding | — | — | — | 1,393 | 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) | $67.575 | holding | — | — | — | Jun 1, 2013 | Jun 1, 2020 | Common | 650 | 650 | D |
| Stock Option (Right-to-Buy) | $109.09 | holding | — | — | — | Apr 4, 2019 | Apr 4, 2026 | Common | 4,360 | 4,360 | D |
| Stock Option (Right-to-Buy) | $111.84 | holding | — | — | — | Apr 2, 2016 | Apr 2, 2023 | Common | 480 | 480 | D |
| Stock Option (Right-to-Buy) | $119.77 | holding | — | — | — | May 2, 2014 | May 2, 2021 | Common | 330 | 330 | D |
| Stock Option (Right-to-Buy) | $120.28 | holding | — | — | — | Apr 2, 2015 | Apr 2, 2022 | Common | 370 | 370 | D |
| Stock Option (Right-to-Buy) | $136.82 | holding | — | — | — | Apr 2, 2018 | Apr 2, 2025 | Common | 2,010 | 2,010 | D |
| Stock Option (Right-to-Buy) | $149.34 | holding | — | — | — | Apr 2, 2017 | Apr 2, 2024 | Common | 350 | 350 | D |
| Stock Option (Right-to-Buy) | $149.72 | holding | — | — | — | Apr 3, 2020 | Apr 3, 2027 | Common | 3,125 | 3,125 | D |
| Stock Option (Right-to-Buy) | $154.20 | holding | — | — | — | Jul 16, 2017 | Jul 16, 2024 | Common | 1,070 | 1,070 | D |
| Stock Option (Right-to-Buy) | $160.10 | holding | — | — | — | Apr 3, 2021 | Apr 3, 2028 | Common | 2,390 | 2,390 | D |
Explanation of responses
- F1Reflects a negative adjustment of 2 shares since the Reporting Person's last Form 4 to reflect an increase in the number of shares withheld to satisfy tax liabilities related to earned performance shares. The withholding transaction was exempt under Section 16b-3.
- F2Reflects 79.822 shares that had been acquired in exempt transactions under an employee stock purchase plan and dividend reinvestment program but not previously reflected on a Form 4.
- F3The 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.