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Polaris Inc. — Director's Dealing 2016
Feb 3, 2016
31297_dirs_2016-02-03_45e7a0d3-45c2-4cff-b688-aeae13309e5b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2016-02-01
Reporting Person: Longren David C. (President-ORV)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-01 | Common Stock | M | 1399 | — | Acquired | 22654 | Direct |
| 2016-02-01 | Common Stock | F | 556 | $75.17 | Disposed | 22098 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-01 | Performance Restricted Stock Units | $ | M | 2798 | Disposed | 2016-03-15 | Common Stock (2798) | Direct |
| 2016-02-01 | Deferred Stock Units | $ | M | 1399 | Acquired | Common Stock (1399) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2036 | Indirect |
Footnotes
F1: Shares acquired in settlement of an equal number of performance restricted stock units upon vesting of the units.
F2: Shares withheld to satisfy reporting person's tax withholding obligation upon the vesting and settlement of a performance restricted stock unit award.
F3: Estimate of the number of shares held in the reporting person's ESOP fund as of February 1, 2016. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Polaris stock.
F4: Each performance restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock or, if a deferral election is made, one deferred stock unit under the Issuer's Supplemental/Retirement Savings Plan ("SERP").
F5: Each deferred stock unit represents the right to receive one share of the Issuer's common stock, and is received in exchange for one performance restricted stock unit as described in note 4.
F6: At the settlement date elected by the reporting person under the SERP, the reporting person is entitled to receive one share of common stock for each deferred stock unit held. The deferred stock units may be transferred into an alternative investment account in the SERP after a period of six months and one day.