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MarketScreener Homepage  >  Equities  >  Nyse  >  Polaris Inc.    PII

POLARIS INC.

(PII)
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POLARIS INC. : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

11/17/2020 | 04:33pm EST

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

On November 17, 2020, Polaris Inc. (the "Company") announced that Scott W. Wine, Chairman and Chief Executive Officer, has resigned and will leave the Company effective December 31, 2020.

Upon his departure, Mr. Wine will vest in and be entitled to receive payment under the performance restricted stock unit award granted January 31, 2018 for the performance period ending December 31, 2020, subject to the Company's achievement of performance metrics over the performance period and otherwise in accordance with the terms of the award. In addition, Mr. Wine will be permitted to continue to participate in the Company's Polaris Owned Units Program, which will provide him with continued use of Polaris vehicles and products.

A copy of the Company's press release is furnished as Exhibit 99.1 and is attached to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

  99.1         Press Release dated November 17, 2020 of Polaris Inc.

104     Cover Page Interactive Data File (formatted as Inline XBRL)

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© Edgar Online, source Glimpses

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