Clark Dougherty Lucy's Form 4 filing
Polaris Inc.PII · filed Jul 31, 2023
- Accession no.
- 0001628280-23-026328
- Filed
- Jul 31, 2023
- Trade date
- Jul 27, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 3 derivative transactions. Open-market sales total $5.24M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Clark Dougherty LucyCIK 0001728999 | Officer (SVP-Gen Counsel & Secretary) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 27, 2023 | Common Stock | MOption exerciseAcquired | +19,237 | $113.01 | +$2,173,973.37 | 37,651 | Direct | |
| Jul 27, 2023 | Common Stock | MOption exerciseAcquired | +13,069 | $117.37 | +$1,533,908.53 | 50,720 | Direct | |
| Jul 27, 2023 | Common Stock | MOption exerciseAcquired | +6,581 | $111.32 | +$732,596.92 | 57,301 | Direct | |
| Jul 27, 2023 | Common Stock | SSaleDisposed | −4,106 | $137.88F1 | −$566,135.28 | 53,195 | Direct | |
| Jul 27, 2023 | Common Stock | SSaleDisposed | −1,187 | $137.24F2 | −$162,903.88 | 52,008 | Direct | |
| Jul 27, 2023 | Common Stock | SSaleDisposed | −33,594 | $134.19F3 | −$4,507,978.86 | 18,414 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 27, 2023 | Common Stock | MOption exerciseDisposed | −19,237 | $0.00 | $0 | 0 | Direct | |
| Jul 27, 2023 | Common Stock | MOption exerciseDisposed | −13,069 | $0.00 | $0 | 6,534 | Direct | |
| Jul 27, 2023 | Common Stock | MOption exerciseDisposed | −6,581 | $0.00 | $0 | 13,160 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Reflects the weighted average price of 4,106 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sale prices ranging from $137.42 to $138.41 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.
Referenced by the price of 1 transaction in Table I.
- F2
Reflects the weighted average price of 1,187 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sale prices ranging from $137.00 to $137.41 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.
Referenced by the price of 1 transaction in Table I.
- F3
Reflects the weighted average price of 33,594 shares of Common Stock sold by the reporting person in multiple transactions on July 27, 2023 with sale prices ranging from $134.00 to $134.38 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.
Referenced by the price of 1 transaction in Table I.
Remarks
The reporting person's February 3, 2023 report inadvertently reported indirectly holding 4,732 shares by ESOP in error.