SEC Form 4 · accession 0001209191-15-009541
Polaris Inc. · PII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew J. Homan
Officer — President-Adjacent Markets
Period of report
Feb 2, 2015
Accepted (ET)
Feb 4, 2015 · 6:08 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 | Feb 2, 2015 | M | 18,000 | $38.46 | A | 45,036 | D | |
| Common Stock | Feb 2, 2015 | M | 7,500 | $86.45 | A | 52,536 | D | |
| Common StockF1 | Feb 2, 2015 | S | 25,500 | $142.07 | D | 27,036 | D | |
| Common StockF2 | holding | — | — | — | 2,405 | 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 Options (Right to Buy) | $38.46 | Feb 2, 2015 | M | 18,000 | D | Jan 31, 2015 | Jan 31, 2021 | Common Stock | 18,000 | 0 | D |
| Employee Stock Options (Right to Buy) | $86.45 | Feb 2, 2015 | M | 7,500 | D | Jan 30, 2015 | Jan 30, 2023 | Common Stock | 7,500 | 7,500 | D |
Explanation of responses
- F1Reflects the weighted average price of 25,500 shares of Common Stock sold by the reporting person in multiple transactions on February 2, 2015 with sale prices ranging from $141.90 to $142.327 per share inclusive. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2Estimate of the number of shares held in the reporting person's ESOP fund as of February 2, 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.