Michael T. Speetzen - 24 Jan 2025 Form 4 Insider Report for Polaris Inc. (PII)

Role
CEO
Signature
/s/ Sarah Maveus, as attorney-in-fact
Issuer symbol
PII
Transactions as of
24 Jan 2025
Transactions value $
-$248,641
Form type
4
Filing time
28 Jan 2025, 19:03:02 UTC
Previous filing
06 Jan 2025
Next filing
31 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PII Common Stock Tax liability -$248,640 -4,619 -7.22% $53.83 59,376 24 Jan 2025 Direct F1
transaction PII Common Stock Disposed to Issuer -3,875 -6.53% 55,501 24 Jan 2025 Direct F2, F3
holding PII Common Stock 182 24 Jan 2025 as UTMA custodian for granddaughter
holding PII Common Stock 696 24 Jan 2025 by daughter F4

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 Deferred Stock Units Award +3,875 +26.86% 18,304 24 Jan 2025 Common Stock 3,875 Direct F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy reporting person's tax withholding obligation upon the vesting and settlement of restricted stock award.
F2 Each deferred stock unit represents the right to receive one (1) share of the Issuer's common stock, and is received in exchange for one (1) restricted stock unit upon the vesting of such restricted stock unit.
F3 Upon the vesting on January 24, 2025 of restricted stock units granted to the reported person on January 26, 2022, the reporting person deferred the receipt of 3,875 shares of common stock and received instead 3,875 shares of deferred stock units pursuant to the Issuer's Supplemental/Retirement Savings Plan ("SERP").
F4 The reporting person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the reporting person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.
F5 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.