Polaris Inc. — Director's Dealing 2019

Feb 1, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POLARIS INDUSTRIES INC/MN (PII)
CIK: 0000931015
Period of Report: 2019-01-30

Reporting Person: Pucel Kenneth (EVP, Global Ops, Eng, & Lean)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-01-30	Common Stock	A	1875	—	Acquired	23210	Direct
2019-01-30	Common Stock	F	952	$84.58	Disposed	22258	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-30	Employee Stock Option (right to buy)	$84.58	A	60368	Acquired	2029-01-30	Common Stock (60368)	Direct

Footnotes

F1: Shares acquired in settlement of an equal number of performance restricted stock units upon vesting of the units.

F2: Each performance restricted stock unit represents the right to receive one share of the Issuer's common stock upon the vesting of the units.

F3: Shares withheld to satisfy reporting person's tax withholding obligation upon the vesting and settlement of performance restricted stock unit award.

F4: The option vests in three equal installments on January 30, 2020, January 30, 2021, and January 30, 2022.