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): August 18, 2017
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))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ⃞
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ⃞
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 18, 2017, the Board of Directors (the “Board”) of Polaris Industries Inc. (the “Company”) elected George W. Bilicic as a Class II director, filling a vacancy created by the expansion of the size of the Board from eight to nine members. Mr. Bilicic was also appointed to serve on the Corporate Governance and Nominating Committee and the Technology Committee of the Board. As a non-employee director, Mr. Bilicic 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 2017 Annual Meeting of Shareholders, which was filed with the Securities and Exchange Commission on March 10, 2017.
A copy of the press release issued by the Company on August 21, 2017 announcing the election of Mr. Bilicic 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 August 21, 2017 of Polaris Industries Inc.
SIGNATURE
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: |
August 21, 2017 |
|
| POLARIS INDUSTRIES INC. | ||
|
/s/ Stacy L. Bogart |
||
|
Stacy L. Bogart |
||
|
Senior Vice President – Legal, General Counsel and Secretary |
EXHIBIT INDEX
|
99.1 |
Press Release dated August 21, 2017 of Polaris Industries Inc. |
4
CONTACT:
Polaris Industries Inc.
Media Contact:
Kelly Basgen, 763-519-1740
Kelly.Basgen@polaris.com
George W. Bilicic Appointed to Polaris Industries Inc. Board of Directors
MINNEAPOLIS--(BUSINESS WIRE)--August 21, 2017--Polaris Industries Inc. (NYSE: PII) appointed George W. Bilicic to the Company’s Board of Directors on August 18, 2017.
Mr. Bilicic serves as Vice Chairman of Investment Banking; Head of Midwest Investment Banking; and Global Head of Power, Energy and Infrastructure at Lazard, which he joined in 2002.
“We are very pleased to welcome George to our Board,” said Polaris Chairman and CEO Scott Wine. “George brings strong expertise from his legal and investment-banking roles, which will complement the strong industry experience represented by our Board. His knowledge and perspectives on M&A and other transactions will be highly beneficial as we continue to expand our global portfolio of recreation, transportation and work products for consumer, commercial and military applications.”
Mr. Bilicic was previously a partner at the law firm of Cravath, Swaine & Moore from 1995 to 2001, and a Managing Director in the Mergers & Acquisitions Department at Merrill Lynch from 2001 to 2002.
Mr. Bilicic holds an undergraduate degree from DeSales University, and a juris doctorate degree from Georgetown University Law Center. He serves as a Director for the Chicago Council on Global Affairs, Georgetown University Law School, The HistoryMakers, Metropolitan Planning Council, and the Museum of Science and Industry, and is a member of the Civic Committee of the Commercial Club of Chicago.
About Polaris
Polaris Industries Inc. (NYSE: PII) is a global powersports leader that has been fueling the passion of riders, workers and outdoor enthusiasts for more than 60 years. With annual 2016 sales of $4.5 billion, Polaris’ innovative, high-quality product line-up includes the RANGER®, RZR® and Polaris GENERAL™ side-by-side off-road vehicles; the Sportsman® and Polaris ACE® all-terrain off-road vehicles; 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, along with a growing aftermarket portfolio, including Transamerican Auto Parts. Polaris’ presence in adjacent markets globally include military and commercial off-road vehicles, quadricycles, and electric vehicles. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe. Visit www.polaris.com for more information.
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