Michael T. Speetzen - 16 Nov 2021 Form 4 Insider Report for Polaris Inc. (PII)

Role
CEO, Director
Signature
Sarah Maveus, Attorney-in-Fact
Issuer symbol
PII
Transactions as of
16 Nov 2021
Net transactions value
-$1,343,090
Form type
4
Filing time
18 Nov 2021, 17:38:44 UTC
Next filing
22 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PII Common Stock Options Exercise $1,719,410 +24,500 +47% $70.18 76,263 16 Nov 2021 Direct
transaction PII Common Stock Sale $3,062,500 -24,500 -32% $125.00 51,763 16 Nov 2021 Direct F1
holding PII Common Stock 510 16 Nov 2021 as UTMA custodian for daughter
holding PII Common Stock 510 16 Nov 2021 by daughter F2
holding PII Common Stock 510 16 Nov 2021 by daughter F2
holding PII Common Stock 510 16 Nov 2021 by daughter F2

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) Options Exercise $0 -24,500 -50% $0.000000 24,500 16 Nov 2021 Common Stock 24,500 $70.18 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 2, 2021.
F2 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.
F3 The option vested in two equal installments on January 27, 2018 and January 27, 2020.