PII Polaris

Filed: 28 Oct 20, 2:53pm

Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

October 23, 2020
Date of Report (date of earliest event reported)

(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation or organization)(Commission File Number)(I.R.S. Employer Identification No.)
2100 Highway 55MedinaMinnesota55340
(Address of Principal Executive Offices)(Zip Code)
(763) 542-0500
Registrant's telephone number, including area code

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $.01 par value per sharePIINew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Polaris Inc. (the “Company”) has announced that Christopher Musso, Senior Vice President-Electrification Strategy, will leave the Company effective November 30, 2020 under circumstances that entitle him to be paid severance pursuant to the terms of the severance agreement between Mr. Musso and the Company dated November 6, 2017, as amended by the letter agreement dated December 6, 2019. In addition, in recognition of Mr. Musso’s efforts in leading the successful execution of the partnership with Zero Motorcycles Inc. and in lieu of a bonus for 2020, the Company will provide Mr. Musso a one-time severance payment of $500,000, subject to the same terms and conditions as the other severance benefits payable under Mr. Musso’s severance agreement.
Item 9.01 Financial Statements and Exhibits

(d) Exhibits
Exhibit No.  Exhibit
104Cover Page Interactive Data File (formatted as Inline XBRL)


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date:October 28, 2020
/s/ Lucy Clark Dougherty
Lucy Clark Dougherty
Senior Vice President—General Counsel, Chief Compliance Officer and Secretary