SEC Form 4 · accession 0001209191-17-058579
Polaris Inc. · PII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen L. Eastman
Officer — President - PG&A
Period of report
Oct 30, 2017
Accepted (ET)
Nov 1, 2017 · 3:36 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 30, 2017 | M | 7,500 | $68.20 | A | 18,846 | D | |
| Common StockF1 | Oct 30, 2017 | S | 7,500 | $119.28 | D | 11,346 | D | |
| Common Stock | Oct 30, 2017 | S | 1,000 | $119.044 | D | 10,346 | D | |
| Common Stock | holding | — | — | — | 139 | I | by 401(k) plan |
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 | $68.20 | Oct 30, 2017 | M | 7,500 | D | Feb 6, 2016 | Feb 6, 2022 | Common Stock | 7,500 | 7,500 | D |
Explanation of responses
- F1Reflects the weighted average price of 7,500 shares of Common Stock sold by the reporting person in multiple transactions on October 30, 2017 with sale prices ranging from $119.14 to $119.38 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 February 6, 2014 and February 6, 2016.