Filing Details

Accession Number:
0001225208-10-006915
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-03 12:00:00
Reporting Period:
2010-03-01
Filing Date:
2010-03-03
Accepted Time:
2010-03-03 18:56:19
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
1097587 M Theodore Solso 500 Jackson Street
Columbus IN 47201
Chief Executive Officer 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 2010-03-02 14,301 $0.00 433,550 No 4 A Direct
Common Disposition 2010-03-02 48,424 $0.00 385,126 No 4 F Direct
Common Disposition 2010-03-03 900 $60.06 384,226 No 4 S Direct
Common Disposition 2010-03-03 49,100 $60.03 335,126 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S 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) Acquisiton 2010-03-01 54,520 $0.00 54,520 $58.12
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
54,520 2012-03-01 2020-03-01 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common 32,708 Indirect By Spouse
Common 10,008 Indirect ESOT
Common 41,996 Indirect GRAT #1
Common 118,839 Indirect GRAT #2
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Option (Right-to-Buy) $19.42 2011-03-02 2019-03-02 82,750 82,750 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-03-02 82,750 82,750 Direct
Footnotes
  1. Shares earned from February 20, 2008 Target Awards based on 2008-2009 Company financial performance. Shares are subject to forfeiture until 3/1/2011.
  2. The reporting person's share totals and/or ownership classifications have been updated and/or adjusted as set forth above as a result of the Company's internal audit of the beneficial share ownership of the Company's common stock by the Company's directors and Section 16(a) reporting officers. The Company's audit did not identify any violations of Section 16(b) of the Securities Exchange Act of 1934, as amended. To the extent this Form 4 updates or adjusts the beneficial share ownership amounts or classifications reported on previously filed Form 4s, this Form 4 serves as an amendment to any such previously filed Form 4s.
  3. Shares withheld to satisfy tax liabilities upon Vesting of Restricted Stock.
  4. Sale pursuant to Rule 10b5-1 Trading Plan.
  5. The number of shares is based on the dollar value of the reporting person's interest in the ESOT as most recently provided by the ESOT. The actual number of shares underlying the interest is not known since the ESOT is a unitized account consisting of approximately 98% common stock and 2% cash or cash equivalents.