Benjamin D. Duke - Jan 29, 2025 Form 4 Insider Report for Polaris Inc. (PII)

Role
President-Marine
Signature
Sarah Maveus, Attorney-in-Fact
Stock symbol
PII
Transactions as of
Jan 29, 2025
Transactions value $
-$2,293
Form type
4
Date filed
1/31/2025, 06:04 PM
Previous filing
Feb 21, 2024
Next filing
Feb 20, 2025
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 +27.1K +336.29% $0.00 35.1K Jan 29, 2025 Direct
transaction PII Common Stock Award $0 +134 +0.38% $0.00 35.2K Jan 29, 2025 Direct F1, F2
transaction PII Common Stock Tax liability -$2.29K -47 -0.13% $48.78 35.2K Jan 29, 2025 Direct F3
holding PII Common Stock 157 Jan 29, 2025 by ESOP 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 Employee Stock Option (right to buy) Award $0 +64.7K $0.00 64.7K Jan 29, 2025 Common Stock 64.7K $48.78 Direct F5
* 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 to satisfy reporting person's tax withholding obligation upon the vesting and settlement of performance restricted stock award.
F4 Estimate of the number of shares held in the reporting person's ESOP fund as of January 29, 2025. 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 February 10, 2026, February 9, 2027 and February 8, 2028.