Filing Details

Accession Number:
0001223203-11-000010
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-03 15:59:02
Reporting Period:
2011-04-29
Filing Date:
2011-05-03
Accepted Time:
2011-05-03 15:59:02
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
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 2011-04-29 12,765 $0.00 354,686 No 5 G Direct
Common Disposition 2011-04-29 50,000 $120.00 304,686 No 4 S Direct
Common Disposition 2011-04-29 97,348 $0.00 0 No 5 G Indirect GRAT #2
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Direct
No 4 S Direct
No 5 G Indirect GRAT #2
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option (Right-to-Buy) Acquisiton 2011-05-02 37,810 $0.00 37,810 $119.77
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
37,810 2013-05-02 2021-05-02 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common 10,143 Indirect By 401(k) Plan
Common 32,708 Indirect By Spouse
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Option (Right-to-Buy) $58.12 2012-03-01 2020-03-01 54,520 54,520 Direct
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
2020-03-01 54,520 54,520 Direct
2019-03-02 82,750 82,750 Direct
Footnotes
  1. Return of 12,765 shares from Grantor Retained Annuity Trust #2.
  2. The share sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on 2/4/2011.
  3. Return of 12,765 shares from Grantor Retained Annuity Trust #2 to the reporting person and gift of 84,583 shares to his children.
  4. 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.