Polaris Inc. — Director's Dealing 2021

Jan 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Polaris Inc. (PII)
CIK: 0000931015
Period of Report: 2021-01-27

Reporting Person: Menneto Steven (President-ORV)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-27	Common Stock	A	2983	$0.00	Acquired	8983	Direct
2021-01-27	Common Stock	A	17041	$0.00	Acquired	26024	Direct
2021-01-27	Common Stock	A	1276	—	Acquired	27300	Direct
2021-01-27	Common Stock	F	669	$117.37	Disposed	26631	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-27	Employee Stock Options (right to buy)	$117.37	A	19603	Acquired	2031-01-27	Common Stock (19603)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7729	Indirect

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 a performance restricted stock unit award.

F4: Estimate of the number of shares held in the reporting person's ESOP fund as of January 27, 2021. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Polaris stock.

F5: The option vests in three equal installments on January 27, 2022, January 27, 2023, and January 27, 2024.