SEC Form 4 · accession 0001209191-18-006669
Polaris Inc. · PII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James P Williams
Officer — SVP-CHRO
Period of report
Jan 31, 2018
Accepted (ET)
Feb 2, 2018 · 12:53 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 | Jan 31, 2018 | A | 2,766 | $0.00 | A | 5,430 | D | |
| Common StockF1,F2 | Jan 31, 2018 | A | 448 | $0.00 | A | 5,878 | D | |
| Common StockF3 | Jan 13, 2018 | F | 161 | $113.01 | D | 5,717 | 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)F4 | $113.01 | Jan 31, 2018 | A | 24,046 | A | — | Jan 31, 2028 | Common Stock | 24,046 | 24,046 | 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.
- F4The option vests in three equal installments on January 31, 2019, January 31, 2020, and January 31, 2021.