Polaris Inc. — Director's Dealing 2013

Nov 22, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2013-11-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-20	Common Stock	M	6499	$38.46	Acquired	16499	Direct
2013-11-20	Common Stock	S	6499	$131.376	Disposed	10000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-20	Employee Stock Options (Right to Buy)	$38.46	M	6499	Disposed	2021-01-31	Common Stock (6499)	Direct

Footnotes

F1: Reflects the weighted average price of 6,499 shares of Common Stock sold by the reporting person in multiple transactions on November 20, 2013 with sale prices ranging from $131.37 to $131.44 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.