SEC Form 4 · accession 0001209191-18-036256
Polaris Inc. · PII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott W. Wine
Officer — Chief Executive Officer · Director
Period of report
Jun 5, 2018
Accepted (ET)
Jun 7, 2018 · 2:26 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 | Jun 5, 2018 | M | 25,000 | $10.03 | A | 357,154 | D | |
| Common Stock | Jun 5, 2018 | M | 130,000 | $38.46 | A | 487,154 | D | |
| Common Stock | Jun 5, 2018 | M | 90,000 | $65.57 | A | 577,154 | D | |
| Common StockF1 | Jun 5, 2018 | S | 243,741 | $118.36 | D | 333,413 | D | |
| Common StockF2 | Jun 5, 2018 | S | 1,259 | $119.05 | D | 332,154 | 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 Option (right to buy)F3 | $10.03 | Jun 5, 2018 | M | 25,000 | D | Feb 10, 2013 | Feb 10, 2019 | Common Stock | 25,000 | 0 | D |
| Employee Stock Option (right to buy)F4 | $38.46 | Jun 5, 2018 | M | 130,000 | D | Jan 31, 2015 | Jan 31, 2021 | Common Stock | 130,000 | 0 | D |
| Employee Stock Option (right to buy)F5 | $65.57 | Jun 5, 2018 | M | 90,000 | D | Feb 1, 2016 | Feb 1, 2022 | Common Stock | 90,000 | 90,000 | D |
Explanation of responses
- F1Reflects the weighted average price of 243,741 shares of Common Stock sold by the reporting person in multiple transactions on June 5, 2018 with sale prices ranging from $118.00 to $118.70 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.
- F2Reflects the weighted average price of 1,259 shares of Common Stock sold by the reporting person in multiple transactions on June 5, 2018 with sale prices ranging from $119.02 to $119.165 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.
- F3The options vested in two equal installments on February 10, 2011 and February 10, 2013.
- F4The options vested in two equal installments on January 31, 2013 and January 31, 2015.
- F5The options vested in two equal installments on February 1, 2014 and February 1, 2016.