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: Williams James P (SVP-CHRO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-27	Common Stock	A	2663	$0.00	Acquired	17236	Direct
2021-01-27	Common Stock	A	8521	$0.00	Acquired	25757	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-27	Employee Stock Option (right to buy)	$117.37	A	17503	Acquired	2031-01-27	Common Stock (17503)	Direct
2021-01-27	Deferred Stock Units	$	M	2658	Acquired		Common Stock (2658)	Direct

Footnotes

F1: The option vests in three equal installments on January 27, 2022, January 27, 2023, and January 27, 2024.

F2: Each deferred stock unit represents the right to receive one share of the Issuer's common stock, and is received in exchange for one performance restricted stock unit upon the vesting of such performance restricted stock unit.

F3: At the settlement date elected by the reporting officer under the Issuer's Supplemental/Retirement Savings Plan ("SERP"), the reporting officer is entitled to receive one share of common stock for each deferred stock unit held. The deferred stock units may be transferred into an alternative investment account in the SERP after a period of six months and one day.