Sec Form 4 Filing - Reich Briton @ ARCTIC CAT INC - 2016-02-05

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Reich Briton
2. Issuer Name and Ticker or Trading Symbol
ARCTIC CAT INC [ ACAT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP of North American Sales
(Last) (First) (Middle)
505 HIGHWAY 169 NORTH, SUITE 1000
3. Date of Earliest Transaction (MM/DD/YY)
02/05/2016
(Street)
PLYMOUTH, MN55441
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/05/2016 A 7,062 ( 1 ) A $ 0 11,757 ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 19.9 ( 3 ) 10/23/2025 Common Stock 12,719 12,719 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Reich Briton
505 HIGHWAY 169 NORTH
SUITE 1000
PLYMOUTH, MN55441
VP of North American Sales
Signatures
/s/ John R. Houston as Attorney-in-Fact for Briton Reich pursuant to Power of Attorney previously filed. 02/09/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents 7,062 restricted stock units ("RSUs") underlying a long-term incentive award that vest as to 2,354 shares on each of 2/5/17, 2/5/18, and 2/5/19. Each RSU represents a contingent right to receive one share of Arctic Cat Inc. common stock.
( 2 )Includes (i) 1,695 restricted stock units ("RSUs") underlying a long-term incentive award that vest as to 565 shares on each of 10/23/16, 10/23/17 and 10/23/18; and (ii) 7,062 RSUs that vest 2,354 shares on each of 2/5/17, 2/5/18, and 2/5/19.
( 3 )Vests as to 4,240 shares on 10/23/16, 4,239 shares on 10/23/17 and 4,240 shares on10/23/18.

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 4(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).

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