UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to § 240.13d-2.
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
POLARIS INC.
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(Name of Issuer)
Common stock, $0.01 par value
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(Title of Class of Securities)
731068102
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(CUSIP Number)
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December 31, 2020
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(Date of Event Which Requires Filing of This Statement)
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CUSIP No. 731068102
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13G
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1
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Names of Reporting Persons
Polaris Industries Inc. Employee Stock Ownership Plan
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2
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Check the Appropriate Box if a Member of a Group*
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(a)
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(See Instructions) |
(b) | ||
3
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SEC Use Only
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4
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Citizenship or Place of Organization
Minnesota
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
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5
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Sole Voting Power
0
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6
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Shared Voting Power
3,242,338
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7
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Sole Dispositive Power
0
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8
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Shared Dispositive Power
3,242,388
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
3,242,338
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10
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares*
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11
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Percent of Class Represented by Amount in Row 9
5.2%
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12
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Type of Reporting Person (See Instructions)
EP
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(a)
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Name of Issuer:
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Polaris Inc.
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(b)
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Address of Issuer's Principal Executive Offices:
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2100 Highway 55
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Medina, MN 55340 |
Item 2.
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(a)
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Name of Person Filing:
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Polaris Industries Inc. Employee Stock Ownership Plan (“ESOP”)1
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(b)
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Address of Principal Business Office or, if none, Residence:
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c/o Polaris Industries Inc. Employee Stock Ownership Plan Committee
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2100 Highway 55 | ||
Medina, MN 55340 | ||
(c)
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Citizenship:
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Minnesota
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(d)
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Title of Class of Securities:
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Common Stock, par value $0.01 per share
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(e)
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CUSIP Number:
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731068102
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Item 3.
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If this statement is filed pursuant to §§ 240.13d‑1(b), or §§ 240.13d‑2(b) or (c), check whether the person filing is a:
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(a)
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☐
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Broker or dealer registered under section 15 of the Act.
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(b)
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☐
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Bank as defined in section 3(a)(6) of the Act.
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(c)
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☐
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Insurance company as defined in section 3(a)(19) of the Act.
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(d)
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Investment company registered under Section 8 of the Investment Company Act of 1940.
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(e)
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An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E).
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(f)
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☒
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An employee benefit plan or endowment fund in accordance with § 240.13d‑1(b)(1)(ii)(F).
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(g)
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☐
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A parent holding company or control person in accordance with § 240.13d‑1(b)(1)(ii)(G).
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(h)
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A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
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(i)
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☐
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A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act.
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(j)
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A non-U.S. institution in accordance with § 240.13d‑1(b)(1)(ii)(J).
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(k)
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☐
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Group, in accordance with § 240.13d‑1(b)(1)(ii)(K).
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If filing as a non-U.S. institution in accordance with § 240.13d‑1(b)(1)(ii)(J), please specify the type of institution:
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Item 4.
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Ownership.
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(a)
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Amount beneficially owned: 3,242,338
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(b)
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Percent of class: 5.2%
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(c)
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Number of shares as to which such person has:
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(i)
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Sole power to vote or to direct the vote: None
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(ii)
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Shared power to vote or to direct the vote: 3,242,338
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(iii)
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Sole power to dispose or to direct the disposition of: None
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(iv)
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Shared power to dispose or to direct the disposition of: 3,242,338
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Item 5.
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Ownership of Five Percent or Less of a Class.
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Item 6.
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Ownership of More than Five Percent on Behalf of Another Person.
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Item 7.
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Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding
Company.
Not applicable.
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Item 8.
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Identification and Classification of Members of the Group.
Not applicable.
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Item 9.
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Notice of Dissolution of Group.
Not applicable.
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Item 10.
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Certifications.
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POLARIS INDUSTRIES INC. EMPLOYEE STOCK OWNERSHIP PLAN | |||
By: Polaris Industries Inc. Employee Stock Ownership Plan Committee, as Plan Administrator | |||
By:
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/s/ Gary E. Hendrickson |
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Gary E. Hendrickson |
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Committee Chairman | |||