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

Signature
/s/ Sarah Maveus, as attorney-in-fact
Stock symbol
PII
Transactions as of
Jan 29, 2025
Transactions value $
-$9,415
Form type
4
Date filed
1/31/2025, 06:05 PM
Previous filing
Jan 28, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PII Common Stock Award $0 +19.7K +78.07% $0.00 44.9K Jan 29, 2025 Direct
transaction PII Common Stock Award $0 +353 +0.79% $0.00 45.2K Jan 29, 2025 Direct F1, F2
transaction PII Common Stock Tax liability -$9.41K -193 -0.43% $48.78 45.1K Jan 29, 2025 Direct F3
holding PII Common Stock 4.73K Jan 29, 2025 ESOP F4
holding PII Common Stock 3.84K Jan 29, 2025 by son F5
holding PII Common Stock 3.87K Jan 29, 2025 by daughter F6
holding PII Common Stock 28.3K Jan 29, 2025 By spouse's trust F7

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 +47.1K $0.00 47.1K Jan 29, 2025 Common Stock 47.1K $48.78 Direct F8
* 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 Shares held by son in a transfer of death account of which the beneficiary is the reporting person's spouse's revocable trust. The reportingperson and his spouse are trustees of the revocable trust, and the reporting person and his spouse, or other members of their family, are thebeneficiaries.
F6 Shares held by daughter in a transfer of death account of which the beneficiary is the reporting person's spouse's revocable trust. The reporting person and his spouse are trustees of the revocable trust, and the reporting person and his spouse, or other members of their family, are the beneficiaries.
F7 Shares held in a revocable trust of which the reporting person and his spouse are trustees, and the reporting person and his spouse, or other members of their family, are the beneficiaries.
F8 The option vests in three equal installments on February 10, 2026, February 9, 2027, and February 8, 2028.