James P. Williams - Feb 1, 2023 Form 4 Insider Report for Polaris Inc. (PII)

Role
SVP-CHRO
Signature
/s/ Sarah Maveus, as attorney-in-fact
Stock symbol
PII
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 08:44 PM
Previous filing
Jan 31, 2023
Next filing
Jul 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PII Common Stock Award $0 +2.65K +19.88% $0.00 16K Feb 1, 2023 Direct

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 Options (right to buy) Award $0 +14.3K $0.00 14.3K Feb 1, 2023 Common Stock 14.3K $117.78 Direct F1
transaction PII Deferred Stock Units Award $0 +5.56K +24.99% $0.00 27.8K Feb 1, 2023 Common Stock 5.56K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests in three equal installments on February 1, 2024, February 1, 2025, and February 1, 2026.
F2 Each deferred stock unit represents the right to receive one share of the Issuer's common stock, and is received in exchange for one performance restricted stock unit upon the vesting of such performance restricted stock units.
F3 At the settlement date elected by the reporting officer under the Issuer's Supplemental Executive Retirement Plan ("SERP"), the reporting officer is entitled to receive one share of common stock for each deferred stock unit held. The deferred stock units may be transferred into an alternative investment account in the SERP after a period of six months and one day.