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

Role
CEO
Signature
Sarah Maveus, Attorney-in-Fact
Issuer symbol
PII
Transactions as of
31 Jan 2024
Net transactions value
-$326,555
Form type
4
Filing time
02 Feb 2024, 18:28:00 UTC
Previous filing
04 Jan 2024
Next filing
01 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PII Common Stock Award +3,866 +9.1% 46,309 31 Jan 2024 Direct F1, F2
transaction PII Common Stock Award +3,507 +7.6% 49,816 31 Jan 2024 Direct F1, F2
transaction PII Common Stock Award $0 +19,755 +40% $0.000000 69,571 31 Jan 2024 Direct
transaction PII Common Stock Tax liability $171,194 -1,903 -2.7% $89.96 67,668 31 Jan 2024 Direct F3
transaction PII Common Stock Tax liability $155,361 -1,727 -2.6% $89.96 65,941 31 Jan 2024 Direct F3
holding PII Common Stock 182 31 Jan 2024 as UTMA custodian for granddaughter
holding PII Common Stock 696 31 Jan 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 +111,803 $0.000000 111,803 31 Jan 2024 Common Stock 111,803 $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.