SEC Form 4 · accession 0001209191-15-011516
Polaris Inc. · PII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P. Jonikas
Officer — V.P. Snow & Slingshot
Period of report
Feb 6, 2015
Accepted (ET)
Feb 10, 2015 · 5:37 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 6, 2015 | M | 10,000 | $38.46 | A | 11,000 | D | |
| Common Stock | Feb 6, 2015 | M | 2,987 | $86.45 | A | 13,987 | D | |
| Common StockF1 | Feb 6, 2015 | S | 12,987 | $149.077 | D | 1,000 | D | |
| Common Stock | Feb 9, 2015 | M | 2,013 | $86.45 | A | 3,013 | D | |
| Common StockF2 | Feb 9, 2015 | S | 2,013 | $149.15 | D | 1,000 | D | |
| Common StockF3 | holding | — | — | — | 4,877 | 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 6, 2015 | M | 10,000 | D | Jan 31, 2015 | Jan 31, 2021 | Common Stock | 10,000 | 0 | D |
| Employee Stock Options (Right to Buy) | $86.45 | Feb 6, 2015 | M | 2,987 | D | Jan 30, 2015 | Jan 30, 2023 | Common Stock | 2,987 | 2,013 | D |
| Employee Stock Options (Right to Buy) | $86.45 | Feb 9, 2015 | M | 2,013 | D | Jan 30, 2015 | Jan 30, 2023 | Common Stock | 2,013 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 12,987 of Common Stock sold by the reporting person in multiple transactions on February 6, 2015 with sale prices ranging from $149.00 to $149.37 per share. 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.
- F2Reflects the weighted average price of 2,013 shares of Common Stock sold by the reporting person in multiple transactions on February 9, 2015 with sale prices ranging from $149.005 to $149.195 per share. 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.
- F3Estimate of the number of shares held in the reporting person's ESOP fund as of February 6, 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.