Sec Form 3 Filing - Menneto Steven @ Polaris Inc. - 2019-10-24

FORM 3 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 Menneto Steven 2. Issuer Name and Ticker or Trading Symbol Polaris Inc. [ PII] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) President-Motorcycles (Last) (First) (Middle) 2100 HIGHWAY 55 3. Date of Earliest Transaction (MM/DD/YY) 10/24/2019 (Street) MEDINA, MN55340 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 3,189 D Common Stock 7,447 ( 1 ) I By ESOP

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 Employee Stock Option (right to buy) $ 125.67 ( 2 ) 01/29/2024 Common Stock 10,000 D Employee Stock Option (right to buy) $ 146.63 ( 3 ) 01/28/2025 Common Stock 8,000 D Employee Stock Option (right to buy) $ 70.18 01/27/2020 01/27/2026 Common Stock 10,000 D Employee Stock Option (right to buy) $ 89.39 ( 4 ) 01/25/2027 Common Stock 32,218 D Employee Stock Option (right to buy) $ 113.01 ( 5 ) 01/31/2028 Common Stock 11,542 D Employee Stock Option (right to buy) $ 84.58 ( 6 ) 01/30/2029 Common Stock 14,436 D Deferred Stock Units ( 8 ) ( 7 ) ( 7 ) Common Stock 75 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Menneto Steven 2100 HIGHWAY 55 MEDINA, MN55340 President-Motorcycles Signatures Jennifer Carbert, Attorney-in-Fact 11/01/2019 Signature of Reporting Person Date

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.

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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