Steven Menneto - 01 Feb 2023 Form 4 Insider Report for Polaris Inc. (PII)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Feb 2023, 20:39:33 UTC
Prior SEC filing
31 Jan 2023
Next SEC filing
11 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sarah Maveus, as attorney-in-fact

Key filing fact

Steven Menneto filed Form 4 for Polaris Inc. (PII) on 03 Feb 2023.

Key facts

  • This page summarizes Steven Menneto's Form 4 filing for Polaris Inc. (PII).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Feb 2023, 20:39.

Change

  • Previous filing in this sequence was filed on 31 Jan 2023.
  • Current net transaction value: -$327,664.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PII transaction

Common Stock

Award

Transaction value
$0
Shares
+3,927
Change %
+21%
Price
$0.000000
Shares after
22,565
Date
01 Feb 2023
Ownership
Direct
PII transaction

Common Stock

Award

Transaction value
Shares
+5,557
Change %
+25%
Price
Shares after
28,122
Date
01 Feb 2023
Ownership
Direct
Footnotes
F1, F2
PII transaction

Common Stock

Tax liability

Transaction value
$327,664
Shares
-2,782
Change %
-9.9%
Price
$117.78
Shares after
25,340
Date
01 Feb 2023
Ownership
Direct
Footnotes
F3
PII holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,094
Date
01 Feb 2023
Ownership
By ESOP
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PII transaction Derivative

Employee Stock Options (right to buy)

Award

Transaction value
$0
Shares
+21,236
Change %
Price
$0.000000
Shares after
21,236
Date
01 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
21,236
Exercise price
$117.78
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Shares acquired in settlement of an equal number of performance restricted stock units upon vesting of the units.

Footnote 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.

Footnote F3

Shares withheld equal to the amount needed to satisfy reporting person's tax withholding obligation upon the vesting and settlement of a performance restricted stock unit award.

Footnote F4

Estimate of the number of shares held in the reporting person's ESOP fund as of January 31, 2023. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Polaris stock.

Footnote F5

The option vests in three equal installments on February 1, 2024, February 1, 2025, and February 1, 2026.

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