SEC Form 4 · accession 0001209191-17-006750
Polaris Inc. · PII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Pucel
Officer — EVP, Global Ops, Eng, & Lean
Period of report
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 4:45 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 StockF1,F2 | Jan 30, 2017 | M | 369 | — | A | 25,616 | D | |
| Common StockF3 | Jan 30, 2017 | F | 144 | $83.55 | D | 25,472 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitsF2 | — | Jan 30, 2017 | M | 369 | D | — | Mar 15, 2017 | Common Stock | 369 | 0 | D |
Explanation of responses
- F1Shares acquired in settlement of an equal number of performance restricted stock units upon vesting of the units.
- F2Each performance restricted stock unit represented the right to receive one share of the Issuer's common stock upon the vesting of the units.
- F3Shares withheld to satisfy reporting person's tax withholding obligation upon the vesting and settlement of performance restricted stock unit award.