Filing Details

Accession Number:
0001225208-20-002380
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-14 16:38:35
Reporting Period:
2020-02-13
Accepted Time:
2020-02-14 16:38:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
26172 Cummins Inc CMI Engines & Turbines (3510) 350257090
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1238892 Thomas Norman Linebarger 500 Jackson Street
Columbus IN 47201
Chairman & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Acquisiton 2020-02-13 16,360 $58.12 95,636 No 4 M Direct
Common Disposition 2020-02-13 10,447 $167.54 85,189 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option (Right-to-Buy) Disposition 2020-02-13 16,360 $0.00 16,360 $58.12
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2012-03-01 2020-03-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common 8,146 Indirect By 401(k) Plan
Common 12,948 Indirect By Child #1
Common 12,948 Indirect By Child #2
Common 240 Indirect By Spouse
Common 21,535 Indirect GRAT #3
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Option (Right-to-Buy) $109.09 2019-04-04 2026-04-04 131,920 131,920 Direct
Common Stock Option (Right-to-Buy) $111.84 2015-04-02 2023-04-02 60,100 60,100 Direct
Common Stock Option (Right-to-Buy) $119.77 2013-05-02 2021-05-02 13,040 13,040 Direct
Common Stock Option (Right-to-Buy) $120.28 2014-04-02 2022-04-02 37,510 37,510 Direct
Common Stock Option (Right-to-Buy) $136.82 2018-04-02 2025-04-02 60,780 60,780 Direct
Common Stock Option (Right-to-Buy) $149.34 2017-04-02 2024-04-02 44,890 44,890 Direct
Common Stock Option (Right-to-Buy) $149.72 2020-04-03 2027-04-03 85,050 85,050 Direct
Common Stock Option (Right-to-Buy) $160.10 2021-04-03 2028-04-03 61,700 61,700 Direct
Common Stock Option (Right-to-Buy) $163.43 2022-04-04 2029-04-04 98,670 98,670 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-04-04 131,920 131,920 Direct
2023-04-02 60,100 60,100 Direct
2021-05-02 13,040 13,040 Direct
2022-04-02 37,510 37,510 Direct
2025-04-02 60,780 60,780 Direct
2024-04-02 44,890 44,890 Direct
2027-04-03 85,050 85,050 Direct
2028-04-03 61,700 61,700 Direct
2029-04-04 98,670 98,670 Direct
Footnotes
  1. The stock options exercised and reported on this Form 4 were exercised in "sell-to-cover" transactions with respect to stock options that were set to expire in the near term. Any shares sold in such transactions were sold solely to cover the exercise price, fees and taxes associated with the stock option exercises.
  2. 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.