Filing Details

Accession Number:
0001628280-23-026321
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-07-31 21:37:30
Reporting Period:
2023-07-27
Accepted Time:
2023-07-31 21:37:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
931015 Polaris Inc. PII Miscellaneous Transportation Equipment (3790) 411790959
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1418237 D. Michael Dougherty 2100 Highway 55
Medina MN 55340
President - On Road And Int'l 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 2023-07-27 13,124 $84.58 35,515 No 4 M Direct
Common Stock Acquisiton 2023-07-27 8,000 $125.67 43,515 No 4 M Direct
Common Stock Disposition 2023-07-27 844 $137.72 42,671 No 4 S Direct
Common Stock Disposition 2023-07-27 1,153 $136.94 41,518 No 4 S Direct
Common Stock Disposition 2023-07-27 7,337 $136.55 34,181 No 4 S Direct
Common Stock Disposition 2023-07-27 6,910 $136.08 27,271 No 4 S Direct
Common Stock Disposition 2023-07-27 2,150 $135.02 25,121 No 4 S Direct
Common Stock Disposition 2023-07-27 2,730 $134.10 22,391 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2023-07-27 13,124 $0.00 13,124 $84.58
Common Stock Employee Stock Option (right to buy) Disposition 2023-07-27 8,000 $0.00 8,000 $125.67
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2029-01-30 No 4 M Direct
0 2024-01-29 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 28,299 Indirect By spouse's trust
Common Stock 3,840 Indirect by son
Common Stock 3,868 Indirect by daughter
Common Stock 4,733 Indirect ESOP
Footnotes
  1. Reflects the weighted average price of 844 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sales prices ranging from $137.32 to $138.26 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.
  2. Reflects the weighted average price of 1,153 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sales prices ranging from $136.79 to $137.30 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.
  3. Reflects the weighted average price of 7,337 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sales prices ranging from $136.40 to $136.78 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.
  4. Reflects the weighted average price of 6,910 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sales prices ranging from $135.50 to $136.39 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.
  5. Reflects the weighted average price of 2,150 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sales prices ranging from $134.36 to $135.33 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.
  6. Reflects the weighted average price of 2,730 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sales prices ranging from $133.92 to $134.32 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.
  7. Reflects an additional 500 shares that were inadvertently reported on a Form 4 filed on November 8, 2022 as a gift from the reporting person's directly held shares (the gift actually came from the reporting person's indirect holdings by spouse's trust).
  8. Shares held in a revocable trust of which the reporting person and his spouse are trustees, and the reporting person and his spouse, or other members of their family, are the beneficiaries.
  9. Shares held by son in a transfer of death account of which the beneficiary is the reporting person's spouse's revocable trust. The reportingperson and his spouse are trustees of the revocable trust, and the reporting person and his spouse, or other members of their family, are thebeneficiaries.
  10. Shares held by daughter in a transfer of death account of which the beneficiary is the reporting person's spouse's revocable trust. The reporting person and his spouse are trustees of the revocable trust, and the reporting person and his spouse, or other members of their family, are the beneficiaries.
  11. Estimate of the number of shares held in the reporting person's ESOP fund as of July 27, 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.
  12. The option vests in three equal installments on January 30, 2020, January 30, 2021, and January 30, 2022.
  13. The option vests in two equal installments on January 29, 2016 and January 29, 2018.