Polaris Inc. — Director's Dealing 2023

Feb 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Polaris Inc. (PII)
CIK: 0000931015
Period of Report: 2023-02-01

Reporting Person: Williams James P (SVP-CHRO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-01	Common Stock	A	2654	$0.00	Acquired	16001	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-01	Employee Stock Options (right to buy)	$117.78	A	14349	Acquired	2033-02-01	Common Stock (14349)	Direct
2023-02-01	Deferred Stock Units	$	A	5557	Acquired		Common Stock (5557)	Direct

Footnotes

F1: The option vests in three equal installments on February 1, 2024, February 1, 2025, and February 1, 2026.

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 units.

F3: At the settlement date elected by the reporting officer under the Issuer's Supplemental Executive Retirement 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.