Lucy Clark - Feb 10, 2022 Form 4 Insider Report for Polaris Inc. (PII)

Role
SVP-Gen Counsel & Secretary
Signature
Sarah Maveus, Attorney-in-Fact
Stock symbol
PII
Transactions as of
Feb 10, 2022
Transactions value $
-$918,447
Form type
4
Date filed
2/14/2022, 04:08 PM
Previous filing
Feb 1, 2022
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PII Common Stock Options Exercise $925K +10.9K +37.41% $84.58 40.2K Feb 10, 2022 Direct F1
transaction PII Common Stock Options Exercise $1M +10.6K +26.45% $94.54 50.8K Feb 10, 2022 Direct F1
transaction PII Common Stock Sale -$2.85M -23.7K -46.72% $120.00 27.1K Feb 10, 2022 Direct F1

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 -10.9K -100% $0.00* 0 Feb 10, 2022 Common Stock 10.9K $84.58 Direct F2
transaction PII Employee Stock Options (right to buy) Options Exercise $0 -10.6K -50% $0.00 10.6K Feb 10, 2022 Common Stock 10.6K $94.54 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 27, 2022.
F2 The option vests in three equal installments on January 30, 2020, January 30, 2021, and January 30, 2022.
F3 The option vests in three equal installments on January 29, 2021, January 29, 2022, and January 29, 2023.