Filing Details
- Accession Number:
- 0001209191-15-015550
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-02-18 18:24:22
- Reporting Period:
- 2015-02-13
- Filing Date:
- 2015-02-18
- Accepted Time:
- 2015-02-18 18:24:22
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 931015 | Polaris Industries Inc | PII | Miscellaneous Transportation Equipment (3790) | 411790959 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1418238 | C. David Longren | 2100 Highway 55 Medina MN 55340 | Vp-Orv And Orv Engineering | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2015-02-13 | 40,000 | $9.90 | 62,961 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-02-13 | 40,000 | $154.44 | 22,961 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2015-02-13 | 468 | $0.00 | 22,493 | No | 5 | G | Direct | |
| Common Stock | Acquisiton | 2015-02-13 | 4,403 | $0.00 | 26,896 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-02-13 | 2,149 | $156.00 | 24,747 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2015-02-13 | 156 | $0.00 | 616 | No | 5 | G | Indirect | By Son |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 5 | G | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 5 | G | Indirect | By Son |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Options (Right to Buy) | Disposition | 2015-02-13 | 40,000 | $0.00 | 40,000 | $9.90 |
| Common Stock | Performance Restricted Stock Units | Disposition | 2015-02-13 | 5,504 | $0.00 | 5,504 | $0.00 |
| Common Stock | Deferred Stock Units | Acquisiton | 2015-02-13 | 1,101 | $0.00 | 1,101 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2011-02-02 | 2019-02-02 | No | 4 | M | Direct |
| 0 | 2015-03-15 | No | 4 | M | Direct | |
| 1,101 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 1,991 | Indirect | By ESOP |
Footnotes
- Reflects the weighted average price of 40,000 shares of Common Stock sold by the reporting person in multiple transactions on February 13, 2015 with sale prices ranging from $153.50 to $154.97 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- Shares acquired in settlement of an equal number of performance restricted stock units upon vesting of the units.
- Shares withheld to satisfy reporting person's tax withholding obligation upon the vesting and settlement of a performance restricted stock unit award.
- The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose.
- Estimate of the number of shares held in the reporting person's ESOP fund as of February 13, 2015. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Polaris stock.
- Each performance restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock or, if a deferral election is made, one deferred stock unit under the Issuer's Supplemental/Retirement Savings Plan ("SERP").
- 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 as described in note 6.
- At the settlement date elected by the reporting person under the SERP, the reporting person 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.
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