Polaris Inc. — Director's Dealing 2012

Mar 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2012-02-29

Reporting Person: Morgan Bennett J (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-29	Common Stock	G	190	$0.00	Disposed	40876	Indirect
2012-02-29	Common Stock	G	190	$0.00	Acquired	190	Indirect
2012-03-01	Common Stock	G	1380	$0.00	Disposed	107247	Direct
2012-03-01	Common Stock	G	190	$0.00	Acquired	380	Indirect
2012-03-01	Common Stock	G	190	$0.00	Acquired	190	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6296	Indirect

Footnotes

F1: This transaction involved a gift of securities by the Sharon Morgan Living Trust, of which the reporting person and his spouse are trustees, to the reporting person's daughter, who shares the reporting person's household.

F2: This transaction involved a gift of securities to the reporting person's daughter, who shares the reporting person's household.

F3: This transaction involved a gift of securities to the reporting person's son, who shares the reporting person's household.