Polaris Inc. — Director's Dealing 2014

Feb 13, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2014-02-11

Reporting Person: Jonikas Michael P. (V.P. On-Road,Sales & Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-11	Common Stock	M	12000	$22.33	Acquired	37006	Direct
2014-02-11	Common Stock	M	6500	$65.57	Acquired	43506	Direct
2014-02-11	Common Stock	S	18500	$125.00	Disposed	25006	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-11	Employee Stock Options (Right to Buy)	$22.33	M	12000	Disposed	2020-02-01	Common Stock (12000)	Direct
2014-02-11	Employee Stock Options (Right to Buy)	$65.57	M	6500	Disposed	2022-02-01	Common Stock (6500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4897	Indirect

Footnotes

F1: Estimate of the number of shares held in the reporting person's ESOP fund as of February 11, 2014. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Polaris stock.