Form 4 for PII Polaris Inc.
Accepted 2024-02-02 00:00:00 ET · period of report 2024-01-31 · accession 0001628280-24-003122 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-02-02 | 2024-01-31 | PII | Eastman Stephen L. | Pres - PG, A + Aftermarket | A - Grant | $0.00 | +6,888 | 19.2K | +56% | $0 |
| D | 2024-02-02 | 2024-01-31 | PII | Eastman Stephen L. | Pres - PG, A + Aftermarket | D - Sale to Iss | — | -2,441 | 16.7K | -13% | — |
| DM | 2024-02-02 | 2024-01-31 | PII | Eastman Stephen L. | Pres - PG, A + Aftermarket | A - Grant | $0.00 | +27.6K | 17.4K | New | $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 | 2024-01-31 | A | A | 4,447 | $0.00 | 16,719 | D | — | — | |
| 2 | Common | Common Stock | 2024-01-31 | A | A | 2,441 | — | 19,160 | D | — | — | (F1) Shares acquired in settlement of an equal number of performance restricted stock units upon vesting of the units. (F2) Each performance restricted stock unit represents the right to receive one share of the Issuer's common stock upon the vesting of the units. |
| 3 | Common | Common Stock | 2024-01-31 | D | D | 2,441 | — | 16,719 | D | — | — | (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 units. (F4) Upon the vesting of performance restricted stock units granted to the reported person on January 31, 2021, the reporting person deferred the receipt of 2,441 shares of common stock and received instead 2,441 shares of deferred stock units pursuant to the Issuer's Supplemental Retirement Savings Plan ("SERP"). |
| 4 | Derivative | Employee Stock Option (right to buy) | 2024-01-31 | A | A | 25,166 | $0.00 | 25,166 | D | $89.96 · — to 2034-01-31 | 25,166 Common Stock | (F7) The option vests in three equal installments on February 11, 2025, February 10, 2026, and February 9, 2027. |
| 5 | Derivative | Deferred Stock Units | 2024-01-31 | A | A | 2,441 | — | 17,444 | D | — · — to — | 2,441 Common Stock | (F4) Upon the vesting of performance restricted stock units granted to the reported person on January 31, 2021, the reporting person deferred the receipt of 2,441 shares of common stock and received instead 2,441 shares of deferred stock units pursuant to the Issuer's Supplemental Retirement Savings Plan ("SERP"). (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 units. (F6) 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. |