January 26, 2022 · Form 4 insider transaction
Speetzen Michael T bought 5,172 shares of Polaris Inc., a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 734 days after the transaction.
Each deferred stock unit represents the right to receive (1) share of the Issuer's common stock, and is received in exchange for (1) restricted stock unit upon the vesting of such restricted stock unit.; This reporting is to clarify that upon the vesting on January 26, 2022 of restricted stock units granted to the reported person on April 26, 2019, the reporting person deferred the receipt of 5,172 shares of common stock and received instead 5,172 shares of deferred stock units pursuant to the Issuer's Supplemental Retirement Savings Plan ("SERP").; 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.