X0304 4 2012-02-14 0 0000931015 POLARIS INDUSTRIES INC/MN PII 0001476342 BOGART STACY L 2100 HIGHWAY 55 MEDINA MN 55340 0 1 0 0 V.P. & General Counsel Common Stock 15000 D Performance Restricted Stock Units 2012-02-14 4 A 0 7120 0.00 A 2015-03-15 Common Stock 7120 7120 D Amount has been adjusted pursuant to a two-for-one stock split effected on September 12, 2011. Each Performance Restricted Stock Unit (PRSU) represents a contingent right to receive one share of the Company's common stock. PRSUs are credited to the officer's account under the Company's 2007 Omnibus Incentive Plan (As Amended and Restated April 28, 2011). Some or all of the PRSUs may be earned to the degree certain financial performance criteria are met over the course of the performance period of January 1, 2012 to December 31, 2014. The officer is entitled to receive one share of common stock for each PRSU earned in early 2015 when financial results are certified for the performance period. Jennifer Carbert, Attorney-in-Fact 2012-02-16