Polaris Inc. — Director's Dealing 2012

May 24, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2012-05-17

Reporting Person: Longren David C. (VP-ORV and ORV Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-17	Common Stock	G	320	$0.00	Disposed	37940	Direct
2012-05-17	Common Stock	G	160	$0.00	Acquired	160	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2064	Indirect

Footnotes

F1: Gift to son who shares reporting person's household. 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.