SEC Form 4 · accession 0001209191-15-008052
Polaris Inc. · PII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D. Dougherty
Officer — VP-Asia Pac & Latin America
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 7:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000931015
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 6,000 | D | ||
| Common StockF1 | holding | — | — | — | 31,130 | I | by spouse's trust | |
| Common StockF2 | holding | — | — | — | 4,629 | I | by ESOP | |
| Common StockF3 | holding | — | — | — | 1,630 | I | by wife as UTMA custodian for son | |
| Common StockF4 | holding | — | — | — | 1,630 | I | by wife as UTMA custodian for daughter |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F5 | $146.63 | Jan 28, 2015 | A | 6,000 | A | — | Jan 28, 2025 | Common Stock | 6,000 | 6,000 | D |
Explanation of responses
- F1Shares held in a revocable trust of which the reporting person and his spouse are trustees, and the reporting person and his spouse, or other members of their family, are the beneficiaries.
- F2Estimate of the number of shares held in the reporting person's ESOP fund as of January 29, 2014. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Polaris stock.
- F3Shares held by son who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose.
- F4Shares held by daughter who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the reporting person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.
- F5The option vests in two equal installments on January 28, 2017 and January 28, 2019.