SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
CHRISTIANSON TONY

(Last) (First) (Middle)
C/O CHERRY TREE INVESTMENTS INC.
301 CARLSON PARKWAY - SUITE 103

(Street)
MINNETONKA MN 55305

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ARCTIC CAT INC [ ACAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2016
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 04/01/2016 A 2,688(1) A $0 20,310(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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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) $15.77 (3) 04/01/2021 Common Stock 2,004 2,004 D
Stock Option (Right to Buy) $43.79 (3) 04/02/2022 Common Stock 1,903 1,903 D
Stock Option (Right to Buy) $42.99 (3) 04/01/2023 Common Stock 2,326 2,326 D
Stock Option (Right to Buy) $47.52 (4) 04/01/2024 Common Stock 2,104 2,104 D
Stock Option (Right to Buy) $36.1 (5) 04/01/2025 Common Stock 2,770 2,770 D
Stock Option (Right to Buy) $16.74 04/01/2016 A 5,973 (6) 04/01/2026 Common Stock 5,973 $0 5,973 D
Explanation of Responses:
1. Represents 2,688 restricted stock units ("RSUs") underlying a long-term incentive award that vest as to 896 shares on each of 4/1/17, 4/1/18 and 4/1/19. Each RSU represents a contingent right to receive one share of the Company's common stock.
2. Includes (i) 315 restricted stock units that vest on 4/1/17; (ii) 831 restricted stock units that vest 416 shares on 4/1/17 and 415 shares on 4/1/18; and (iii) 2,688 restricted stock units that vest 896 shares on each of 4/1/17, 4/1/18 and 4/1/19.
3. Fully exercisable.
4. Vests 701 shares on 4/1/15, 702 shares on 4/1/16 and 701 shares on 4/1/17.
5. Vests 923 shares on 4/1/16, 924 shares on 4/1/17, and 923 shares on 4/1/18.
6. Vests as to 1,991 shares on each of 4/1/17, 4/1/18 and 4/1/19.
Remarks:
/s/ John R. Houston as Attorney-in-Fact for Tony Christianson pursuant to Power of Attorney previously filed. 04/04/2016
** 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 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).
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.