Robert Paul Mack - 01 Feb 2023 Form 4 Insider Report for Polaris Inc. (PII)

Role
CFO, EVP-Corp Dev Pres-GAM
Signature
/s/ Sarah Maveus, as attorney-in-fact
Issuer symbol
PII
Transactions as of
01 Feb 2023
Transactions value $
-$242,156
Form type
4
Filing time
03 Feb 2023, 20:40:08 UTC
Previous filing
31 Jan 2023
Next filing
08 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PII Common Stock Award $0 +3.93K +17.82% $0.00 26K 01 Feb 2023 Direct
transaction PII Common Stock Award +4.45K +17.13% 30.4K 01 Feb 2023 Direct F1, F2
transaction PII Common Stock Tax liability -$242K -2.06K -6.76% $117.78 28.4K 01 Feb 2023 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PII Employee Stock Options (right to buy) Award $0 +21.2K $0.00 21.2K 01 Feb 2023 Common Stock 21.2K $117.78 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 equal to the amount needed to satisfy reporting person's tax withholding obligation upon the vesting and settlement of a performance restricted stock unit award.
F4 The option vests in three equal installments on February 1, 2024, February 1, 2025, and February 1, 2026.