0001628280-23-026321.txt : 20230731 0001628280-23-026321.hdr.sgml : 20230731 20230731213730 ACCESSION NUMBER: 0001628280-23-026321 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230727 FILED AS OF DATE: 20230731 DATE AS OF CHANGE: 20230731 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dougherty Michael D. CENTRAL INDEX KEY: 0001418237 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11411 FILM NUMBER: 231129328 MAIL ADDRESS: STREET 1: 2100 HIGHWAY 55 CITY: MEDINA STATE: MN ZIP: 55340 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Polaris Inc. CENTRAL INDEX KEY: 0000931015 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS TRANSPORTATION EQUIPMENT [3790] IRS NUMBER: 411790959 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2100 HIGHWAY 55 CITY: MEDINA STATE: MN ZIP: 55340 BUSINESS PHONE: (763) 542-0500 MAIL ADDRESS: STREET 1: 2100 HIGHWAY 55 STREET 2: NONE CITY: MEDINA STATE: MN ZIP: 55340 FORMER COMPANY: FORMER CONFORMED NAME: POLARIS INDUSTRIES INC/MN DATE OF NAME CHANGE: 19941004 4 1 wk-form4_1690853841.xml FORM 4 X0508 4 2023-07-27 0 0000931015 Polaris Inc. PII 0001418237 Dougherty Michael D. 2100 HIGHWAY 55 MEDINA MN 55340 0 1 0 0 President - On Road and Int'l 0 Common Stock 2023-07-27 4 M 0 13124 84.58 A 35515 D Common Stock 2023-07-27 4 M 0 8000 125.67 A 43515 D Common Stock 2023-07-27 4 S 0 844 137.72 D 42671 D Common Stock 2023-07-27 4 S 0 1153 136.94 D 41518 D Common Stock 2023-07-27 4 S 0 7337 136.55 D 34181 D Common Stock 2023-07-27 4 S 0 6910 136.08 D 27271 D Common Stock 2023-07-27 4 S 0 2150 135.02 D 25121 D Common Stock 2023-07-27 4 S 0 2730 134.10 D 22391 D Common Stock 28299 I By spouse's trust Common Stock 3840 I by son Common Stock 3868 I by daughter Common Stock 4733 I ESOP Employee Stock Option (right to buy) 84.58 2023-07-27 4 M 0 13124 0 D 2029-01-30 Common Stock 13124 0 D Employee Stock Option (right to buy) 125.67 2023-07-27 4 M 0 8000 0 D 2024-01-29 Common Stock 8000 0 D Reflects the weighted average price of 844 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sales prices ranging from $137.32 to $138.26 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Reflects the weighted average price of 1,153 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sales prices ranging from $136.79 to $137.30 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Reflects the weighted average price of 7,337 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sales prices ranging from $136.40 to $136.78 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Reflects the weighted average price of 6,910 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sales prices ranging from $135.50 to $136.39 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Reflects the weighted average price of 2,150 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sales prices ranging from $134.36 to $135.33 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Reflects the weighted average price of 2,730 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sales prices ranging from $133.92 to $134.32 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Reflects an additional 500 shares that were inadvertently reported on a Form 4 filed on November 8, 2022 as a gift from the reporting person's directly held shares (the gift actually came from the reporting person's indirect holdings by spouse's trust). 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. 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. 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. Estimate of the number of shares held in the reporting person's ESOP fund as of July 27, 2023. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Polaris stock. The option vests in three equal installments on January 30, 2020, January 30, 2021, and January 30, 2022. The option vests in two equal installments on January 29, 2016 and January 29, 2018. /s/ Sarah Maveus, as attorney-in-fact 2023-07-31