Form 4 for PII Polaris Inc.
Accepted 2023-08-01 00:00:00 ET · period of report 2023-07-28 · accession 0001628280-23-026515 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-08-01 | 2023-07-28 | PII | Eastman Stephen L. | Pres - PG, A + Aftermarket | M - OptEx | $125.67 | +10.0K | 27.8K | +56% | +$1.26M |
| D | 2023-08-01 | 2023-07-28 | PII | Eastman Stephen L. | Pres - PG, A + Aftermarket | S - Sale+OE | $135.82 | -10.0K | 17.8K | -36% | -$1.36M |
| D | 2023-08-01 | 2023-08-01 | PII | Eastman Stephen L. | Pres - PG, A + Aftermarket | I - Discretionary | — | -10.0K | 6,694 | -60% | — |
| D | 2023-08-01 | 2023-07-28 | PII | Eastman Stephen L. | Pres - PG, A + Aftermarket | M - OptEx | $0.00 | -10.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-07-28 | M | A | 10,000 | $125.67 | 27,800 | D | — | — | |
| 2 | Common | Common Stock | 2023-07-28 | S | D | 10,000 | $135.82 | 17,800 | D | — | — | (F1) Reflects the weighted average price of 10,000 shares of Common Stock sold by the reporting person in multiple transactions on July 28, 2023 with sales prices ranging from $135.66 to $136.03 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. |
| 3 | Derivative | Deferred Stock Units | 2023-08-01 | I | D | 10,000 | — | 6,694 | D | — · — to — | 10,000 Common Stock | (F5) The reporting person transferred the value of 10,000 deferred stock units held under the SERP into another investment within the SERP, at a deemed price per unit of $133.66. (F3) Each deferred stock unit represents the right to receive one share of the Issuer's common stock. (F4) At the settlement date elected by the reporting officer under the Issuer's Supplemental Executive Retirement 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. |
| 4 | Derivative | Employee Stock Option (right to buy) | 2023-07-28 | M | D | 10,000 | $0.00 | 0 | D | $125.67 · — to 2024-01-29 | 10,000 Common Stock | (F2) The option vests in two equal installments on January 29, 2016 and January 29, 2018. |