Polaris Inc. — Director's Dealing 2016

Jan 29, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2016-01-27

Reporting Person: Homan Matthew J. (President-Adjacent Markets)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-30	Common Stock	G	960	$0.00	Disposed	23665	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-01-27	Employee Stock Options (Right to Buy)	$70.18	A	27000	Acquired	2026-01-27	Common Stock (27000)	Direct
2016-01-27	Employee Stock Options (Right to Buy)	$70.18	A	27000	Acquired	2026-01-27	Common Stock (27000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2461	Indirect

Footnotes

F1: Estimate of the number of shares held in the reporting person's ESOP fund as of January 27, 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.

F2: The option vests in two equal installments on January 27, 2018 and January 27, 2020.