Polaris Inc. — Director's Dealing 2017

Dec 4, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2017-11-30

Reporting Person: Williams James P (SVP-CHRO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-30	Common Stock	M	20000	$44.00	Acquired	22664	Direct
2017-11-30	Common Stock	S	20000	$127.08	Disposed	2664	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-30	Employee Stock Options (right to buy)	$44.00	M	20000	Disposed	2021-04-04	Common Stock (20000)	Direct

Footnotes

F1: Reflects the weighted average price of 20,000 shares of Common Stock sold by the reporting person in multiple transactions on November 30, 2017 with sale prices ranging from $127.00 to $127.50 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.