SEC Form 4 · accession 0001209191-19-006590
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 30, 2019
Accepted (ET)
Feb 1, 2019 · 6:05 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 StockF1,F2 | Jan 30, 2019 | A | 774 | — | A | 6,491 | D | |
| Common StockF3 | Jan 30, 2019 | F | 422 | $84.58 | D | 6,069 | 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 | $84.58 | Jan 30, 2019 | A | 32,809 | A | — | Jan 30, 2029 | Common Stock | 32,809 | 32,809 | 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 30, 2020, January 30, 2021, and January 30, 2022.