Steven Menneto Form 3 Polaris / Steven Menneto ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:	3235-0104
Estimated average burden
hours per response:	0.5

1. Name and Address of Reporting Person^*

Menneto Steven

(Last) (First) (Middle)

2100 HIGHWAY 55

(Street)

MEDINA MN 55340

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/24/2019

3. Issuer Name and Ticker or Trading Symbol
Polaris Inc. [ PII ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President-Motorcycles

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,189	D
Common Stock	7,447(1)	I	By ESOP

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	(2)	01/29/2024	Common Stock	10,000	125.67	D
Employee Stock Option (right to buy)	(3)	01/28/2025	Common Stock	8,000	146.63	D
Employee Stock Option (right to buy)	01/27/2020	01/27/2026	Common Stock	10,000	70.18	D
Employee Stock Option (right to buy)	(4)	01/25/2027	Common Stock	32,218	89.39	D
Employee Stock Option (right to buy)	(5)	01/31/2028	Common Stock	11,542	113.01	D
Employee Stock Option (right to buy)	(6)	01/30/2029	Common Stock	14,436	84.58	D
Deferred Stock Units	(7)	(7)	Common Stock	75	(8)	D

Explanation of Responses:

1. Estimate of the number of shares held in the reporting person's ESOP fund as of October 24, 2019. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Polaris stock.

2. The option vested in two equal installments on January 29, 2016 and January 29, 2018.

3. The option vested in two equal installments on January 28, 2017 and January 28, 2019.

4. The option vests in two equal installments on January 25, 2019 and January 25, 2021.

5. The option vests in three equal installments on January 31, 2019, January 31, 2020, and January 31, 2021.

6. The option vests in three equal installments on January 30, 2020, January 30, 2021, and January 30, 2022.

7. 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.

8. Each deferred stock unit represents the right to receive one share of the Issuer's common stock, and was received upon the vesting of a performance restricted stock unit, but deferred under the Issuer's SERP.

Remarks:

	Jennifer Carbert, Attorney-in-Fact	11/01/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.