Polaris Inc. — Director's Dealing 2014

Nov 26, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2014-11-25

Reporting Person: Morgan Bennett J (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-25	Common Stock	G	235	$0.00	Disposed	16415	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	106752	Direct
Common Stock	300	Indirect
Common Stock	190	Indirect
Common Stock	22664	Indirect
Common Stock	6053	Indirect

Footnotes

F1: The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose.

F2: Estimate of the number of shares held in the reporting person's ESOP fund as of November 25, 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.