SEC Form 4 · accession 0001209191-17-058273

Polaris Inc. · PII

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President-Off-Road Vehicles

Period of report

Oct 26, 2017

Accepted (ET)

Oct 30, 2017 · 3:56 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	Oct 26, 2017	M	11,500	$65.57	A	32,371	D
Common Stock	Oct 26, 2017	M	7,500	$86.45	A	39,871	D
Common Stock^F1	Oct 26, 2017	S	23,991	$122.199	D	15,880	D
Common Stock^F2	holding	—	—		—	2,447	I	By ESOP

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Options (right to buy)^F3	$65.57	Oct 26, 2017	M	11,500	D	Feb 1, 2016	Feb 1, 2022	Common stock	11,500	0	D
Employee Stock Options (right to buy)^F4	$86.45	Oct 26, 2017	M	7,500	D	Jan 30, 2017	Jan 30, 2023	Common stock	7,500	0	D

F1Reflects the weighted average price of 23,991 shares of Common Stock sold by the reporting person in multiple transactions on October 26, 2017 with sale prices ranging from $119.22 to $123.25 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 October 26, 2017. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Polaris stock.
F3The option vested in two equal installments on February 1, 2014 and February 1, 2016.
F4The option vested in two equal installments on January 30, 2015 and January 30, 2017.