Accession Number: | 0001209191-20-005834 |
Date: | 2020-01-29 |
Issuer: | POLARIS INC. (PII) |
Original Submission Date: |
EASTMAN STEPHEN L.
2100 HIGHWAY 55
MEDINA, MN 55340
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-01-29 | A | 3,174 | a | $94.54 | 16,352 | direct | ||
COMMON STOCK | 2020-01-29 | 0 | $0.00 | 148 | indirect |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 94.54 | 2020-01-29 | deemed execution date | A | 27,323 (a) | 2030-01-29 | common stock 27,323 | $94.54 | 27,323 | direct | ||
DEFERRED STOCK UNITS | 0.0 | 2020-01-29 | deemed execution date | M | 2,189 (a) | common stock 2,189 | $0.00 | 4,525 | direct |
ID | footnote |
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f1 | estimate of the number of shares held in the reporting person's 401(k) polaris stock fund as of january 29, 2020. this plan uses unit accounting and the numbers of shares that a participant is deemed to hold varies with the price of polaris stock. |
f2 | the option vests in three equal installments on january 29, 2021, january 29, 2022, and january 29, 2023. |
f3 | each deferred stock unit represents the right to receive one share of the issuer's common stock, and is received in exchange for one performance restricted stock unit upon the vesting of such performance restricted stock unit. |
f4 | at the settlement date elected by the reporting officer under the issuer's supplemental/retirement savings plan ("serp"), the reporting officer is entitled to receive one share of common stock for each deferred stock unit held. the deferred stock units may be transferred into an alternative investment account in the serp after a period of six months and one day. |