X0306 4 2012-07-31 0000719866 ARCTIC CAT INC ACAT 0001443825 Jordan Claude 505 NORTH HIGHWAY 169 SUITE 1000 PLYMOUTH MN 55441 0 1 0 0 President and CEO Common Stock 2012-07-31 4 M 0 23778 11.05 A 56717 D Common Stock 2012-07-31 4 F 0 5868 44.78 D 50849 D Common Stock 2012-07-31 4 F 0 7961 44.78 D 42888 D Common Stock 2012-07-31 4 M 0 69440 6.26 A 112328 D Common Stock 2012-07-31 4 F 0 9945 43.7092 D 102383 D Common Stock 2012-07-31 4 F 0 26446 43.7092 D 75937 D Common Stock 2012-07-31 4 S 0 43000 43.71 D 32937 D Common Stock 267 I By 401(k) Plan Stock Option (Right to Buy) 9.88 2018-08-25 Common Stock 70000 70000 D Stock Option (Right to Buy) 6.26 2012-07-31 4 M 0 69440 0 D 2019-08-06 Common Stock 69440 35560 D Stock Option (Right to Buy) 10.79 2020-04-01 Common Stock 105000 105000 D Stock Option (Right to Buy) 14.68 2021-01-01 Common Stock 5300 5300 D Stock Option (Right to Buy) 15.77 2021-04-01 Common Stock 83228 83228 D Stock Option (Right to Buy) 43.79 2022-04-02 Common Stock 26761 26761 D Stock-Settled Appreciation Right 11.05 2012-07-31 4 M 0 23778 0 D 2015-06-01 Common Stock 23778 0 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.55 to $44.00 inclusive. The reporting person undertakes to provide Arctic Cat Inc., any security holder of Arctic Cat Inc. or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Includes (i) 9,987 restricted stock units that vest in installments of 3,329 units on 4/1/12, 4/1/13 and 4/1/14; and (ii) 4,282 restricted stock units that vest in installments of 1,427 units on 4/2/13, 4/2/14 and 4/2/15, all previously reported. Fully exercisable. Vests in three equal annual installments beginning on 8/6/10. Vests in three equal annual installments beginning on 4/1/11. Vests in three equal annual installments beginning on 1/1/12. Vests in three equal annual installments beginning on 4/1/12. Vests in three equal annual installments beginning on 4/2/13. This Stock-Settled Appreciation Right ("SSAR") represents the right to receive a number of shares of Common Stock equal to the product of (A) the excess of the market price of the Company's Common Stock at exercise over the exercise price times (B) the aggregate number shares covered by the SSAR. The SSAR may be exercised after the Company's Common Stock trades at a market price of $2.00 more than the exercise price of the SSARs for 30 of the preceeding 40 trading days; provided the SSAR may not be exercised prior to March 31, 2011. /s/ Scott J. Dorfman as Attorney-in-Fact for Claude J. Jordan pursuant to Power of Attorney previously filed. 2012-08-01