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): November 12, 2020
POLARIS INC.
(Exact name of Registrant as specified in its charter)
Minnesota
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001-11411
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41-1790959
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(State of Incorporation)
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(Commission File Number) |
(I.R.S. Employer Identification No.) |
2100 Highway 55
Medina,
Minnesota 55340
(Address of principal executive offices)
(Zip Code)
(Registrant’s telephone number, including area code) (763) 542-0500
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))
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol
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Name of each exchange on which registered
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Common Stock, $.01 par value per share
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PII
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New York Stock Exchange
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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 November 17, 2020, Polaris Inc. (the “Company”) announced that Scott W. Wine, Chairman and Chief Executive Officer, has resigned and will
leave the Company effective December 31, 2020.
Upon his departure, Mr. Wine will vest in and be entitled to receive payment under
the performance restricted stock unit award granted January 31, 2018 for the performance period ending December 31, 2020, subject to the Company’s achievement of performance metrics over the performance period and otherwise in accordance with the
terms of the award. In addition, Mr. Wine will be permitted to continue to participate in the Company’s Polaris Owned Units Program, which will provide him with continued use of Polaris vehicles and products.
A copy of the Company’s press release is furnished as Exhibit 99.1 and is attached to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
104 Cover Page Interactive Data File (formatted as Inline XBRL)
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.
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Date: November 17, 2020
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POLARIS INC.
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/s/ Lucy Clark Dougherty
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Lucy Clark Dougherty
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Senior Vice President, General Counsel, Chief Compliance Officer, and Secretary
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