X0306 4 2012-08-03 0000719866 ARCTIC CAT INC ACAT 0001240433 LESTER SUSAN E 21205 IRVING AVE S MINNEAPOLIS MN 55405 1 0 0 0 Common Stock 2012-08-03 4 M 0 11107 9.57 A 17453 D Common Stock 2012-08-03 4 F 0 2395 44.3896 D 15058 D Common Stock 2012-08-03 4 F 0 3049 44.3896 D 12009 D Common Stock 2012-08-03 4 S 0 5663 44.39 D 6346 D Stock Option (Right to Buy) 27.69 Common Stock 6000 6000 D Stock Option (Right to Buy) 21.96 Common Stock 6000 6000 D Stock Option (Right to Buy) 17.84 Common Stock 6000 6000 D Stock Option (Right to Buy) 6.26 2019-08-06 Common Stock 11000 11000 D Stock Option (Right to Buy) 9.57 2012-08-03 4 M 0 11107 0 D 2019-08-07 Common Stock 11107 27 D Stock Option (Right to Buy) 10.79 2020-04-01 Common Stock 11000 11000 D Stock Option (Right to Buy) 15.77 2021-04-01 Common Stock 6000 6000 D Stock Option (Right to Buy) 43.79 2022-04-02 Common Stock 1903 1903 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.24 to $44.56 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) 1,057 restricted stock units that vest in installments of 528 units on 4/1/13 and 529 units on 4/1/14; and (ii) 799 restricted stock units that vest in installments of 266 units on 4/2/13 and 4/2/14 and 267 units on 4/2/15, all previously reported. Fully exercisable. Expires five years following termination as a director. Vests in three equal annual installments beginning on 4/1/11. Vests in three equal annual installments beginning on 4/1/12. Vests in three equal annual installments beginning on 4/2/13. /s/ Scott J. Dorfman as Attorney-In-Fact for Susan E. Lester pursuant to Power of Attorney previously filed. 2012-08-06