Polaris Inc. — Director's Dealing 2017

Jan 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2017-01-25

Reporting Person: Homan Matthew J. (President-Off-Road Vehicles)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-25	Employee Stock Options (Right to Buy)	$89.39	A	32218	Acquired	2027-01-25	Common Stock (32218)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	23305	Direct
Common Stock	2444	Indirect

Footnotes

F1: Estimate of the number of shares held in the reporting person's ESOP fund as of January 25, 2017. 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 25, 2019 and January 25, 2021.