SEC Form 4 · accession 0001209191-15-082642
Polaris Inc. · PII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David C. Longren
Officer — President-ORV
Period of report
Nov 27, 2015
Accepted (ET)
Dec 1, 2015 · 3:55 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 | Nov 27, 2015 | M | 2,500 | $38.46 | A | 23,755 | D | |
| Common Stock | Nov 27, 2015 | S | 2,500 | $105.755 | D | 21,255 | D | |
| Common StockF1 | holding | — | — | — | 2,015 | 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)F2 | $38.46 | Nov 27, 2015 | M | 2,500 | D | Jan 31, 2015 | Jan 31, 2021 | Common Stock | 2,500 | 15,500 | D |
Explanation of responses
- F1Estimate of the number of shares held in the reporting person's ESOP fund as of November 27, 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.
- F2The option vested in two equal installments on January 31, 2013 and January 31, 2015.