Michael T. Speetzen - Jan 31, 2024 Form 4 Insider Report for Polaris Inc. (PII)

Role
CEO
Signature
Sarah Maveus, Attorney-in-Fact
Stock symbol
PII
Transactions as of
Jan 31, 2024
Transactions value $
-$326,555
Form type
4
Date filed
2/2/2024, 06:28 PM
Previous filing
Jan 4, 2024
Next filing
May 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PII Common Stock Award +3.87K +9.11% 46.3K Jan 31, 2024 Direct F1, F2
transaction PII Common Stock Award +3.51K +7.57% 49.8K Jan 31, 2024 Direct F1, F2
transaction PII Common Stock Award $0 +19.8K +39.66% $0.00 69.6K Jan 31, 2024 Direct
transaction PII Common Stock Tax liability -$171K -1.9K -2.74% $89.96 67.7K Jan 31, 2024 Direct F3
transaction PII Common Stock Tax liability -$155K -1.73K -2.55% $89.96 65.9K Jan 31, 2024 Direct F3
holding PII Common Stock 182 Jan 31, 2024 as UTMA custodian for granddaughter
holding PII Common Stock 696 Jan 31, 2024 by daughter F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PII Employee Stock Option (right to buy) Award $0 +112K $0.00 112K Jan 31, 2024 Common Stock 112K $89.96 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired in settlement of an equal number of performance restricted stock units upon vesting of the units.
F2 Each performance restricted stock unit represents the right to receive one share of the Issuer's common stock upon the vesting of the units.
F3 Shares withheld to satisfy reporting person's tax withholding obligation upon the vesting and settlement of performance restricted stock award.
F4 The reporting person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the reporting person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.
F5 The option vests in three equal installments on February 11, 2025, February 10, 2026, and February 9, 2027.