Polaris Inc 8-K, filed Oct 28, 2020
Polaris Inc. (PII)
8-K
2020-10-28
For: 2020-10-23
View Original
Added on
April 08, 2026
About this 8-K
Polaris Inc filed this 8-K on October 28, 2020, reporting on events of October 23, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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.) | |||||||||||||||
(Address of Principal Executive Offices) | (Zip Code) | ||||||||||||||||
(763 ) 542-0500
Registrant's telephone number, including area code
N/A
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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).
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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 | |||||||
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL) | |||||||
SIGNATURE
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 | |||||||
| POLARIS INC. | ||||||||
| /s/ Lucy Clark Dougherty | ||||||||
| Lucy Clark Dougherty | ||||||||
| Senior Vice President—General Counsel, Chief Compliance Officer and Secretary | ||||||||