X0303 4 2010-02-24 0 0000931015 POLARIS INDUSTRIES INC/MN PII 0001307660 Morgan Bennett J 2100 HIGHWAY 55 MEDINA MN 55340 0 1 0 0 President & COO Common Stock 2010-02-24 4 M 0 6000 14.719 A 89875 D Common Stock 2010-02-24 4 F 0 1944 45.45 D 87931 D Common Stock 2010-02-26 4 S 0 345 45.67 D 0 I By Son Common Stock 2010-02-26 4 S 0 1382 45.6656 D 86549 D Common Stock 2010-02-26 4 S 0 601 45.67 D 85948 D Common Stock 2010-02-26 4 S 0 500 45.65 D 85448 D Common Stock 2010-02-26 4 S 0 199 45.68 D 85249 D Common Stock 2010-02-26 4 S 0 400 45.72 D 84849 D Common Stock 2010-02-26 4 S 0 100 45.71 D 84749 D Common Stock 2010-02-26 4 S 0 100 45.66 D 84649 D Common Stock 2010-02-26 4 S 0 400 45.78 D 84249 D Common Stock 2010-02-26 4 S 0 300 45.79 D 83949 D Common Stock 2010-02-26 4 S 0 67 45.81 D 83882 D Common Stock 2010-02-26 4 S 0 7 45.80 D 83875 D Common Stock 2010-02-26 5 G 0 E 300 0.00 D 83575 D Common Stock 2010-02-26 5 G 0 E 300 0.00 A 300 I By Son The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose. Peggy James, Attorney-in-Fact 2010-02-26