Polaris Inc. — Director's Dealing 2013

Nov 19, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2013-11-15

Reporting Person: BALAN TODD M (V.P. Corporate Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-15	Common Stock	M	30000	$15.34	Acquired	40000	Direct
2013-11-15	Common Stock	M	12000	$22.33	Acquired	52000	Direct
2013-11-15	Common Stock	M	3501	$38.46	Acquired	55501	Direct
2013-11-15	Common Stock	S	45501	$134.852	Disposed	10000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-15	Employee Stock Options (Right to Buy)	$15.34	M	30000	Disposed	2019-07-07	Common Stock (30000)	Direct
2013-11-15	Employee Stock Options (Right to Buy)	$22.33	M	12000	Disposed	2020-02-01	Common Stock (12000)	Direct
2013-11-15	Employee Stock Options (Right to Buy)	$38.46	M	3501	Disposed	2021-01-31	Common Stock (3501)	Direct

Footnotes

F1: Reflects the weighted average price of 45,501 shares of Common Stock sold by the reporting person in multiple transactions on November 15, 2013 with sale prices ranging from $134.80 to $135.085 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.