Robert Paul Mack - Jan 30, 2022 Form 4 Insider Report for Polaris Inc. (PII)

Role
CFO, EVP-Corp Dev Pres-GAM
Signature
Sarah Maveus, Attorney-in-Fact
Stock symbol
PII
Transactions as of
Jan 30, 2022
Transactions value $
-$138,504
Form type
4
Date filed
2/1/2022, 07:45 PM
Previous filing
Jul 28, 2023
Next filing
Jan 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PII Common Stock Tax liability -$139K -1.23K -4.45% $112.24 26.5K Jan 30, 2022 Direct
transaction PII Common Stock Disposed to Issuer -140 -0.53% 26.3K Jan 30, 2022 Direct F1, 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 Deferred Stock Units Award +140 +5.3% 2.78K Jan 30, 2022 Common Stock 140 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each deferred stock unit represents the right to receive one (1) share of the Issuer's common stock, and is received in exchange for one (1) restricted stock unit upon the vesting of such restricted stock unit.
F2 Upon the vesting of restricted stock units granted to the reported person on January 30, 2022, the reporting person deferred the receipt of 140 shares of common stock and received instead 140 shares of deferred stock units pursuant to the Issuer's Supplemental Retirement/Savings Plan ("SERP").
F3 At the settlement date elected by the reporting officer under the Issuer's 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.