Eastman Stephen L.'s Form 4 filing
Polaris Inc.PII · filed Aug 1, 2023
- Accession no.
- 0001628280-23-026515
- Filed
- Aug 1, 2023
- Trade date
- Jul 28-Aug 1, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 2 non-derivative transactions and 2 derivative transactions. Open-market sales total $1.36M. 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 |
|---|---|
| Eastman Stephen L.CIK 0001540958 | Officer (President - PG&A + Aftermarket) |
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 28, 2023 | Common Stock | MOption exerciseAcquired | +10,000 | $125.67 | +$1,256,700 | 27,800 | Direct | |
| Jul 28, 2023 | Common Stock | SSaleDisposed | −10,000 | $135.82F1 | −$1,358,200 | 17,800 | 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 28, 2023 | Common Stock | MOption exerciseDisposed | −10,000 | $0.00 | $0 | 0 | Direct | |
| Aug 1, 2023 | Common Stock | ILess common codeDisposed | −10,000 | –F5 | – | 6,694 | 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 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table II.