SEC Form 4 · accession 0001209191-18-036704
Polaris Inc. · PII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael T Speetzen
Officer — EVP-Finance & CFO
Period of report
Jun 6, 2018
Accepted (ET)
Jun 8, 2018 · 4:37 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 6, 2018 | M | 24,500 | $70.18 | A | 35,561 | D | |
| Common StockF1 | Jun 6, 2018 | S | 24,500 | $125.28 | D | 11,061 | 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)F2 | $70.18 | Jun 6, 2018 | M | 24,500 | D | — | Jan 27, 2026 | Common Stock | 24,500 | 24,500 | D |
Explanation of responses
- F1Reflects the weighted average price of 24,500 shares of Common Stock sold by the reporting person in multiple transactions on June 6, 2018 with sale prices ranging from $125.00 to $125.60 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 vests in two equal installments on January 27, 2018 and January 27, 2020.