Stephen L. Eastman - 31 Jan 2024 Form 4 Insider Report for Polaris Inc. (PII)

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

Each deferred stock unit represents the right to receive one share of the Issuer's common stock, and is received in exchange for one performance restricted stock unit upon the vesting of such performance restricted stock units.

Footnote F4

Upon the vesting of performance restricted stock units granted to the reported person on January 31, 2021, the reporting person deferred the receipt of 2,441 shares of common stock and received instead 2,441 shares of deferred stock units pursuant to the Issuer's Supplemental Retirement Savings Plan ("SERP").

Footnote F5

Estimate of the number of shares held in the reporting person's Polaris Stock fund under the issuer's 401(k) plan as of January 26, 2024. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of the issuer's Common Stock.

Footnote F6

At the settlement date elected by the reporting officer under the Issuer's Supplemental Executive Retirement Plan ("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.

Footnote F7

The option vests in three equal installments on February 11, 2025, February 10, 2026, and February 9, 2027.