Polaris Inc. — Director's Dealing 2012

Nov 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2012-11-09

Reporting Person: BOGART STACY L (V.P. & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-09	Common Stock	M	30000	$23.205	Acquired	50672	Direct
2012-11-09	Common Stock	S	19000	$83.1604	Disposed	31672	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-09	Employee Stock Options (Right to Buy)	$23.205	M	30000	Disposed	2019-11-09	Common Stock (30000)	Direct

Footnotes

F1: Reflects the weighted average price of 19,000 shares of Common Stock sold by the reporting person in multiple transactions on November 9, 2012 with sale prices ranging from $83.00 to $83.52 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.