SEC Form 4 · accession 0001209191-17-058270
Polaris Inc. · PII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stacy L Bogart
Officer — SVP-General Counsel
Period of report
Oct 26, 2017
Accepted (ET)
Oct 30, 2017 · 3:46 pm EDT
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 | May 19, 2017 | G | 750 | $0.00 | D | 30,975 | D | |
| Common Stock | Oct 26, 2017 | M | 20,000 | $38.46 | A | 50,975 | D | |
| Common StockF1 | Oct 26, 2017 | S | 20,000 | $122.05 | D | 30,975 | D |
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)F2 | $38.46 | Oct 26, 2017 | M | 20,000 | D | Jan 31, 2015 | Jan 31, 2021 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 20,000 shares of Common Stock sold by the reporting person in multiple transactions on October 26, 2017 with sale prices ranging from $121.10 to $122.96 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.
- F2The option vested in two equal installments on January 31, 2013 and January 31, 2015.