X0306 4 2012-09-06 0000719866 ARCTIC CAT INC ACAT 0001417854 Walker Mary Ellen 505 NORTH HIGHWAY 169 SUITE 1000 PLYMOUTH MN 55441 0 1 0 0 VP Gen Mgr of PG&A and Sales Common Stock 2012-09-06 4 M 0 9904 6.26 A 27002 D Common Stock 2012-09-06 4 F 0 1401 44.26 D 25601 D Common Stock 2012-09-06 4 F 0 3401 44.26 D 22200 D Common Stock 2012-09-06 4 S 0 5102 44.26 D 17098 D Stock Option (Right to Buy) 6.26 2012-09-06 4 M 0 9904 0 D 2012-08-06 2019-08-06 Common Stock 9904 50 D Stock Option (Right to Buy) 10.79 2020-04-01 Common Stock 11390 11390 D Stock Option (Right to Buy) 15.77 2021-04-01 Common Stock 3335 11719 D Stock Option (Right to Buy) 43.79 2022-04-02 Common Stock 4817 4817 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.00 to $44.51 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) 1,406 restricted stock units that vest in installments of 703 units on 4/1/13 and 4/1/14; and (ii) 771 restricted stock units that vest in installments of 257 units on 4/2/13, 4/2/14 and 4/2/15, all previously reported. The option, representing a right to purchase a total of 11,390 shares, became exercisable in three equal annual installments beginning on 4/1/11. The option, representing a right to purchase a total of 17,570 shares, became exercisable in three equal annual installments beginning on 4/1/12. The option, representing a right to purchase a total of 4,817 shares, becomes exercisable in three equal annual installments beginning on 4/1/13. /s/ Scott J. Dorfman as Attorney-in-Fact for Mary Ellen Walker pursuant to Power of Attorney previously filed. 2012-09-10