UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): January 28, 2016
POLARIS INDUSTRIES INC.
(Exact
name of Registrant as specified in its charter)
|
Minnesota |
1-11411 |
41-1790959 |
|
(State of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
2100 Highway 55
Medina, Minnesota 55340
(Address of
principal executive offices)
(Zip Code)
(763) 542-0500
(Registrant’s
telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On January 28, 2016 the Board of Directors (the “Board”) of Polaris Industries Inc. (the “Company”) elected Lawrence D. Kingsley as a Class I director, effective as of January 28, 2016, filling a vacancy created by the expansion of the size of the Board from eight to nine members. Mr. Kingsley was also appointed to serve on the Audit Committee and the Technology Committee of the Board. As a non-employee director, Mr. Kingsley will be eligible to receive director and committee fees, participate in the Polaris Industries Inc. Deferred Compensation Plan for Directors, receive grants under the Polaris Industries Inc. 2007 Omnibus Incentive Plan and use Company products, all as described under the caption “Director Compensation” in the Company’s proxy statement for its 2015 Annual Meeting of Shareholders, which was filed with the Securities and Exchange Commission on March 13, 2015.
A copy of the press release issued by the Company on February 1, 2016, announcing the election of Mr. Kingsley as a director, is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release dated February 1, 2016 of Polaris Industries Inc.
SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
| Date: |
February 3, 2016 |
|
| POLARIS INDUSTRIES INC. | ||
|
/s/ Stacy L. Bogart |
||
|
Stacy L. Bogart |
||
|
Senior Vice President – General Counsel and Secretary |
EXHIBIT INDEX
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99.1 |
Press Release dated February 1, 2016 of Polaris Industries Inc. |
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Exhibit 99.1
Lawrence D. Kingsley Appointed to Polaris Industries Inc. Board of Directors
MINNEAPOLIS--(BUSINESS WIRE)--February 1, 2016--Polaris Industries Inc. (NYSE: PII) appointed Lawrence D. Kingsley to the Company’s Board of Directors on Jan. 28, 2016.
Mr. Kingsley served as the Chairman and Chief Executive Officer of Pall Corporation from 2013 to 2015, and as CEO and President from 2011 to 2013. He served in the roles of Chairman, Chief Executive Officer and President of IDEX Corporation between 2005 and 2011, in addition to being Chief Operating Officer prior to that.
“We are extremely pleased to welcome Larry to our Board,” said Polaris Chairman and CEO Scott Wine. “Larry is an accomplished CEO with an outstanding track record of driving results through operational improvements, corporate development and strategic execution, all of which are critically important to Polaris as we seek to expand our leadership in powersports and grow through global adjacent markets.”
Mr. Kingsley also held management positions of increasing responsibility at Danaher Corporation, Kollmorgen Corporation and Weidmuller Incorporated.
Mr. Kingsley holds an undergraduate degree in Industrial Engineering from Clarkson University and an MBA from the College of William and Mary. He serves as a Director for Rockwell Automation Corporation.
About Polaris
Polaris Industries Inc. (NYSE: PII) is a global
powersports leader with annual 2015 sales of $4.7 billion. Polaris fuels
the passion of riders, workers and outdoor enthusiasts with our RANGER®,
RZR® and POLARIS GENERAL™ side-by-side off-road
vehicles; our SPORTSMAN® and POLARIS ACE®
all-terrain off-road vehicles; VICTORY® and INDIAN
MOTORCYCLE® midsize and heavyweight motorcycles;
SLINGSHOT® moto-roadsters; and Polaris RMK®,
INDY®, SWITCHBACK® and RUSH®
snowmobiles. Polaris enhances the riding experience with parts, garments
and accessories sold under multiple recognizable brands, and has a
growing presence in adjacent markets globally with products including
military and commercial off-road vehicles, quadricycles, and electric
vehicles. www.polaris.com
CONTACT:
Polaris Industries Inc.
Kelly Basgen, 763-519-1740
Kelly.Basgen@polaris.com