Polaris Inc. — Director's Dealing 2012

Oct 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2012-10-22

Reporting Person: Wine Scott W. (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-22	Common Stock	M	120000	$22.545	Acquired	369831	Direct
2012-10-22	Common Stock	S	120000	$85.5523	Disposed	249831	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-10-22	Employee Stock Options (Right to Buy)	$22.545	M	120000	Disposed	2018-09-01	Common Stock (120000)	Direct

Footnotes

F1: Reflects the weighted average price of 120,000 shares of Common Stock sold by the reporting person in multiple transactions on October 22, 2012 with sale prices ranging from $85.00 to $86.68 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.