SEC Form 4 · accession 0001209191-15-008059
Polaris Inc. · PII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bennett J Morgan
Officer — President & COO
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 7:40 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 | — | — | — | 106,752 | D | ||
| Common Stock | holding | — | — | — | 16,415 | I | By Sharon Morgan Living Trust | |
| Common StockF1 | holding | — | — | — | 300 | I | By son | |
| Common StockF1 | holding | — | — | — | 190 | I | By son II | |
| Common Stock | holding | — | — | — | 22,664 | I | By Morgan Lifetime Trust | |
| Common StockF2 | holding | — | — | — | 6,051 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $146.63 | Jan 28, 2015 | A | 29,000 | A | — | Jan 28, 2025 | Common Stock | 29,000 | 29,000 | D |
Explanation of responses
- F1The 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.
- F2Estimate of the number of shares held in the reporting person's ESOP fund as of January 28, 2015. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Polaris stock.
- F3The option vests in two equal installments on January 28, 2017 and January 28, 2019.