Speetzen Michael T. - 29 Jan 2025 Form 4 Insider Report for Polaris Inc. (PII)

Role
CEO
Signature
/s/ Sarah Maveus, as attorney-in-fact
Issuer symbol
PII
Transactions as of
29 Jan 2025
Net transactions value
-$37,512
Form type
4
Filing time
31 Jan 2025, 18:04:35 UTC
Previous filing
28 Jan 2025
Next filing
27 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PII Common Stock Award $0 +75,052 +135% $0.000000 130,553 29 Jan 2025 Direct
transaction PII Common Stock Award $0 +1,563 +1.2% $0.000000 132,116 29 Jan 2025 Direct F1, F2
transaction PII Common Stock Tax liability $37,512 -769 -0.58% $48.78 131,347 29 Jan 2025 Direct F3
holding PII Common Stock 696 29 Jan 2025 by daughter F4
holding PII Common Stock 182 29 Jan 2025 as UTMA custodian for granddaughter

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 +269,192 $0.000000 269,192 29 Jan 2025 Common Stock 269,192 $48.78 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 10, 2026, February 9, 2027, and February 8, 2028.