<SEC-DOCUMENT>0001157523-20-000174.txt : 20200210
<SEC-HEADER>0001157523-20-000174.hdr.sgml : 20200210
<ACCEPTANCE-DATETIME>20200210152429
ACCESSION NUMBER:		0001157523-20-000174
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20200210
DATE AS OF CHANGE:		20200210

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Polaris Inc.
		CENTRAL INDEX KEY:			0000931015
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS TRANSPORTATION EQUIPMENT [3790]
		IRS NUMBER:				411790959
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-43419
		FILM NUMBER:		20591650

	BUSINESS ADDRESS:	
		STREET 1:		2100 HIGHWAY 55
		CITY:			MEDINA
		STATE:			MN
		ZIP:			55340
		BUSINESS PHONE:		(763) 542-0500

	MAIL ADDRESS:	
		STREET 1:		2100 HIGHWAY 55
		STREET 2:		NONE
		CITY:			MEDINA
		STATE:			MN
		ZIP:			55340

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	POLARIS INDUSTRIES INC/MN
		DATE OF NAME CHANGE:	19941004

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Polaris Inc.
		CENTRAL INDEX KEY:			0000931015
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS TRANSPORTATION EQUIPMENT [3790]
		IRS NUMBER:				411790959
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		2100 HIGHWAY 55
		CITY:			MEDINA
		STATE:			MN
		ZIP:			55340
		BUSINESS PHONE:		(763) 542-0500

	MAIL ADDRESS:	
		STREET 1:		2100 HIGHWAY 55
		STREET 2:		NONE
		CITY:			MEDINA
		STATE:			MN
		ZIP:			55340

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	POLARIS INDUSTRIES INC/MN
		DATE OF NAME CHANGE:	19941004
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>a52168466.htm
<DESCRIPTION>POLARIS INC. SC 13G/A
<TEXT>
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            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">UNITED STATES</div>
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
            <div style="text-align: center; font-weight: bold;">Washington, D.C.&#160; 20549</div>
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            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">SCHEDULE 13G</div>
            <div style="text-align: center; font-weight: bold;">(Rule 13d-102)</div>
            <div>&#160;</div>
            <div style="text-align: center; font-weight: bold;">Information to be Included in Statements Filed Pursuant to &#167;&#160;240.13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to &#167;&#160;240.13d-2.</div>
            <div>&#160;</div>
            <div style="text-align: center; font-weight: bold;">Under the Securities Exchange Act of 1934</div>
            <div style="text-align: center;"><font style="font-weight: bold;">(Amendment No. 6)*</font> <br>
            </div>
            <div>&#160;</div>
            <div>&#160;</div>
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">POLARIS INC.</div>
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          <td style="width: 15.13%; vertical-align: top;">&#160;</td>
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            <div style="text-align: center;"> (Name of Issuer)</div>
            <div style="text-align: center;"> <br>
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            <div style="text-align: center; font-weight: bold;">Common stock, $0.01 par value</div>
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          <td style="width: 15.13%; vertical-align: top; border-top: #000000 2px solid;">&#160;</td>
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            <div style="text-align: center;"> (Title of Class of Securities)</div>
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            <div style="text-align: center; font-weight: bold;">731068102</div>
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            <div style="text-align: center;">(CUSIP Number)</div>
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          <td style="width: 15.13%; vertical-align: top; border-top: #000000 2px solid;">&#160;</td>
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          <td style="width: 14.88%; vertical-align: top; font-family: 'Times New Roman',Times,serif; text-align: center;">&#160;</td>
          <td style="width: 69.99%; vertical-align: top; font-family: 'Times New Roman',Times,serif;">
            <div style="text-align: center;"> <br>
            </div>
            <div style="text-align: center;"><font style="font-weight: bold;">December 31, 2019</font> <br>
            </div>
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          <td style="width: 15.13%; vertical-align: top;">&#160;</td>
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            <div style="text-align: center;">(Date of Event Which Requires Filing of This Statement)</div>
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    <div><br>
    </div>
    <div style="text-align: justify;">Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</div>
    <div><br>
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    <div style="text-align: justify; text-indent: 36pt;">&#9746; Rule 13d-1(b)</div>
    <div><br>
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    <div style="text-align: justify; text-indent: 36pt;">&#9744; Rule 13d-1(c)</div>
    <div><br>
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    <div style="text-align: justify; text-indent: 36pt;">&#9744; Rule 13d-1(d)</div>
    <div><br>
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    <div style="text-align: justify; text-indent: 18.7pt;">*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment
      containing information which would alter the disclosures provided in a prior cover page.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 18.7pt;">The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to
      the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</div>
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            <div><font style="font-family: 'Times New Roman',Times,serif; font-weight: bold;">CUSIP No.</font><font style="text-indent: 0px;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman',Times,serif; font-weight: bold;">731068102</font></div>
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            <div>13G</div>
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          <td style="width: 35%; vertical-align: top;">&#160;</td>
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            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">1</div>
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          <td colspan="3" style="vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0) rgb(0, 0, 0) rgb(0, 0, 0);">
            <div>Names of Reporting Persons</div>
            <div>&#160;</div>
            <div>Polaris Industries Inc. Employee Stock Ownership Plan</div>
            <div>&#160;</div>
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            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">2</div>
          </td>
          <td colspan="2" style="border-left: 2px solid; border-right: 2px solid; border-top: 2px solid #000000; vertical-align: top;">
            <div>Check the Appropriate Box if a Member of a Group<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*</sup></div>
            <div> <br>
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            <div>(<font style="font-style: italic;">See</font> Instructions)<font style="font-family: 'Times New Roman',Times,serif;"></font></div>
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          <td style="border-left: 2px solid; border-right: 2px solid; border-top: 2px solid #000000; vertical-align: middle; width: 64%;">
            <div><font style="font-family: 'Times New Roman',Times,serif;">(a)&#160;&#160; &#9744;</font></div>
            <div><font style="font-family: 'Times New Roman',Times,serif;"> <br>
              </font></div>
            <div><font style="font-family: 'Times New Roman',Times,serif;">(b)&#160;&#160; &#9744;</font></div>
            <div><font style="font-family: 'Times New Roman',Times,serif;"> <br>
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          <td style="width: 12%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">3</div>
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          <td colspan="3" style="vertical-align: top; background-color: rgb(230, 230, 230); border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div>SEC Use Only</div>
            <div>&#160;</div>
            <div>&#160;</div>
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          <td style="width: 12%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">4</div>
          </td>
          <td colspan="3" style="vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div>Citizenship or Place of Organization</div>
            <div>&#160;</div>
            <div>Minnesota</div>
            <div>&#160;</div>
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            <div>&#160;</div>
            <br>
            <div style="text-align: center;">&#160;</div>
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          <td rowspan="4" style="vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; width: 12%;">
            <div>Numberof</div>
            <div>Shares</div>
            <div>Beneficially</div>
            <div>Owned by</div>
            <div>Each</div>
            <div>Reporting</div>
            <div>Person</div>
            <div>With:</div>
          </td>
          <td style="width: 12%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">5</div>
          </td>
          <td style="width: 64%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div>Sole Voting Power</div>
            <div>&#160;</div>
            <div>0</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">6</div>
          </td>
          <td style="width: 64%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div>Shared Voting Power</div>
            <div>&#160;</div>
            <div>3,282,362</div>
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          <td style="width: 12%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">7</div>
          </td>
          <td style="width: 64%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div>Sole Dispositive Power</div>
            <div>&#160;</div>
            <div>0</div>
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          <td style="width: 12%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">8</div>
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          <td style="width: 64%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div>Shared Dispositive Power</div>
            <div>&#160;</div>
            <div>3,282,362</div>
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        <tr>
          <td style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-top: 2px solid #000000; vertical-align: top; width: 12%;">
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">9</div>
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          <td colspan="3" style="border-bottom: 2px solid #000000; border-left: 2px solid #000000; border-right: 2px solid; border-top: 2px solid #000000; vertical-align: top;">
            <div>Aggregate Amount Beneficially Owned by Each Reporting Person</div>
            <div>&#160;</div>
            <div>3,282,362</div>
          </td>
        </tr>
        <tr>
          <td style="border-left: 2px solid #000000; border-top: 2px solid #FFFFFF; vertical-align: top; width: 12%;">
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">10</div>
          </td>
          <td colspan="2" style="border-left: 2px solid #000000; border-right: 2px solid; border-top: 2px solid #FFFFFF; vertical-align: top;">
            <div>Check if the Aggregate Amount in Row (9) Excludes Certain Shares*</div>
            <div><br>
            </div>
          </td>
          <td style="border-left: 2px solid #000000; border-right: 2px solid; border-top: 2px solid #FFFFFF; vertical-align: top; width: 64%;">&#9744;</td>
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        <tr>
          <td style="width: 12%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">11</div>
          </td>
          <td colspan="3" style="vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
            <div>Percent of Class Represented by Amount in Row 9</div>
            <div>&#160;</div>
            <div>5.3%</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">12</div>
          </td>
          <td colspan="3" style="vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div>Type of Reporting Person (<font style="font-family: 'Times New Roman',Times,serif; font-style: italic;">See</font> Instructions)</div>
            <div>&#160;</div>
            <div>EP</div>
          </td>
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    <div style="font-weight: bold;"> <br>
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          <tr>
            <td style="width: 7%; font-weight: bold;">
              <div>Item 1.</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>(a)</div>
            </td>
            <td style="width: 89%;">
              <div>Name of Issuer:</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>Polaris Inc.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>(b)</div>
            </td>
            <td style="width: 89%;">
              <div>Address of Issuer's Principal Executive Offices:</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>2100 Highway 55<br>
                Medina, MN 55340</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%; font-weight: bold;">
              <div>Item 2.</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>(a)</div>
            </td>
            <td style="width: 89%;">
              <div>Name of Person Filing:</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>Polaris Industries Inc. Employee Stock Ownership Plan (&#8220;ESOP&#8221;)<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>(b)</div>
            </td>
            <td style="width: 89%;">
              <div>Address of Principal Business Office or, if none, Residence:</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>c/o Polaris Industries Inc. Employee Stock Ownership Plan Committee<br>
                2100 Highway 55<br>
                Medina, MN 55340</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>(c)</div>
            </td>
            <td style="width: 89%;">
              <div>Citizenship:</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%;">Minnesota</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">(d)</td>
            <td rowspan="1" style="width: 89%;">
              <div style="text-align: left; font-family: 'Times New Roman',Times,serif;">Title of Class of Securities:</div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%;">Common Stock, par value $0.01 per share</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">(e)</td>
            <td rowspan="1" style="width: 89%;">CUSIP Number:</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%;">731068102</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%; font-weight: bold;">Item 3.</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%; font-weight: bold;">If this statement is filed pursuant to &#167;&#167;&#160;240.13d&#8209;1(b), or &#167;&#167; 240.13d&#8209;2(b) or (c), check whether the person filing is a:</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%;">(a)&#160;&#160; &#9744;&#160;&#160; Broker or dealer registered under section&#160;15 of the Act.</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 89%;">(b)&#160;&#160; &#9744;&#160;&#160; Bank as defined in section 3(a)(6) of the Act.</td>
          </tr>

      </table>
      <div><br>
      </div>
      <div>
        <hr noshade="noshade" align="left" style="height: 1px; width: 15%; color: #000000; background-color: #000000; margin-left: 0px; margin-right: auto; border: none;"> </div>
      <div>
        <div style="font-family: 'Times New Roman',Times,serif; font-weight: normal;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> The Trustee of the Polaris Industries Inc. Employee Stock Ownership Plan is Fidelity Management Trust Company.&#160; The ESOP allows plan participants to direct
          voting of shares issued to their plan accounts, and all shares held by the ESOP and reported on this Schedule are allocated to plan participant accounts.&#160; <font style="background-color: rgb(255, 255, 255);">Under the ESOP as in effect on
            December 31, 2019 and the applicable trust agreement, the Trustee is to vote shares with respect to which no voting instructions are received from plan participants in&#160;proportion with&#160;the voting instructions actually&#160;received by the Trustee
            from participants who give voting instructions. The ESOP also specifies that all investments of plan assets in Polaris common stock are to be made by the Trustee only upon direction of the ESOP Committee. Although the Trustee may theoretically
            be deemed to share, at least temporarily, voting and dispositive power as to all shares reported on this Schedule, the Trustee disclaims beneficial ownership of the shares held by it in its capacity as Trustee of the ESOP.</font></div>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
    </div>
    <div style="font-weight: bold;">
      <table cellspacing="0" cellpadding="0" border="0" id="z914719fee07141c58c15dbfa2adf37c3" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>(c)&#160;&#160; &#9744;&#160;&#160; Insurance company as defined in section&#160;3(a)(19) of the Act.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>(d)&#160;&#160; &#9744;&#160;&#160; Investment company registered under Section 8 of the Investment Company Act of 1940.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>(e)&#160;&#160; &#9744;&#160;&#160; An investment adviser in accordance with &#167;&#160;240.13d-1(b)(1)(ii)(E).</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>(f)&#160;&#160;&#160;&#9746;&#160;&#160; An employee benefit plan or endowment fund in accordance with &#167;&#160;240.13d&#8209;1(b)(1)(ii)(F).</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>(g)&#160;&#160; &#9744;&#160;&#160; A parent holding company or control person in accordance with &#167;&#160;240.13d&#8209;1(b)(1)(ii)(G).</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>(h)&#160;&#160; &#9744;&#160;&#160; A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>(i)&#160;&#160; &#9744;&#160;&#160; A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>(j)&#160;&#160; &#9744;&#160;&#160; A non-U.S. institution in accordance with &#167;&#160;240.13d&#8209;1(b)(1)(ii)(J).</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 89%;">
              <div>(k)&#160; &#9744;&#160;&#160; Group, in accordance with &#167;&#160;240.13d&#8209;1(b)(1)(ii)(K).</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;">

          <tr>
            <td style="width: 7%; padding-bottom: 2px;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%; padding-bottom: 2px;">
              <div>&#160;</div>
            </td>
            <td style="width: 44%; padding-bottom: 2px;">
              <div>If filing as a non-U.S. institution in accordance with &#167;&#160;240.13d&#8209;1(b)(1)(ii)(J), please specify the type of institution:</div>
            </td>
            <td style="width: 2%; border-bottom: 2px solid rgb(0, 0, 0);"><br>
            </td>
            <td colspan="1" style="width: 43%; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 7%;">
              <div>&#160;</div>
            </td>
            <td style="width: 4%;">
              <div>&#160;</div>
            </td>
            <td style="width: 44%;">
              <div>&#160;</div>
            </td>
            <td style="width: 2%;">&#160;</td>
            <td colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;"><font style="font-weight: bold;">Item 4.</font></td>
            <td colspan="2" rowspan="1" style="width: 4%;"><font style="font-weight: bold;">Ownership.</font>&#160;</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">&#160;</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">(a)</td>
            <td rowspan="1" style="width: 44%; font-family: 'Times New Roman',Times,serif; text-align: left;">
              <div>Amount beneficially owned:&#160;&#160;&#160; 3,282,362</div>
            </td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">&#160;</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">(b)</td>
            <td rowspan="1" style="width: 44%;"><font style="font-family: 'Times New Roman',Times,serif;">Percent of class:</font>&#160;&#160;&#160; 5.3%</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">&#160;</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">(c)</td>
            <td rowspan="1" style="width: 44%;">Number of shares as to which such person has:</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">&#160;</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">(i)&#160;&#160;&#160;&#160; Sole power to vote or to direct the vote:&#160;&#160; None<br>
            </td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">&#160;</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">(ii)&#160;&#160;&#160; Shared power to vote or to direct the vote: &#160; 3,282,362</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">&#160;</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">(iii)&#160;&#160; Sole power to dispose or to direct the disposition of:&#160; None<br>
            </td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">&#160;</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">(iv)&#160;&#160; Shared power to dispose or to direct the disposition of:&#160;&#160; 3,282, 362</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">&#160;</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;"><font style="font-weight: bold;">Item 5.</font></td>
            <td colspan="2" rowspan="1" style="width: 4%;">
              <div style="text-align: left;"><font style="font-weight: bold;">Ownership of Five Percent or Less of a Class.</font></div>
            </td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td rowspan="1" style="width: 4%;">&#160;</td>
            <td rowspan="1" style="width: 44%;">&#160;</td>
            <td rowspan="1" style="width: 2%;">&#160;</td>
            <td rowspan="1" colspan="1" style="width: 43%;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 7%;">&#160;</td>
            <td colspan="4" rowspan="1" style="width: 4%;">If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check
              the following &#9744;.&#160;&#160;&#160;</td>
          </tr>

      </table>
    </div>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <div><font style="font-weight: bold;"> </font>
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        <tr>
          <td style="width: 7%;">
            <div><font style="font-weight: bold;">Item 6.</font></div>
          </td>
          <td style="width: 93%;">
            <div><font style="font-weight: bold;">Ownership of More than Five Percent on Behalf of Another Person.</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%;">
            <div>&#160;</div>
          </td>
          <td style="width: 93%;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%;">
            <div>&#160;</div>
          </td>
          <td style="width: 93%;">
            <div>The participants in and beneficiaries of the ESOP have the right to receive dividends from and the proceeds from the sale of the shares of Polaris common stock reported on this Schedule.&#160; No person has such a right with respect to more
              than 5% of Polaris&#8217; outstanding common stock.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%;">
            <div>&#160;</div>
          </td>
          <td style="width: 93%;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%; font-weight: bold;">
            <div>Item 7.</div>
          </td>
          <td style="width: 93%; font-weight: bold;">
            <div>Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%;">
            <div>&#160;</div>
          </td>
          <td style="width: 93%;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%;">
            <div>&#160;</div>
          </td>
          <td style="width: 93%;">
            <div>Not applicable.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%;">
            <div>&#160;</div>
          </td>
          <td style="width: 93%;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%; font-weight: bold;">
            <div>Item 8.</div>
          </td>
          <td style="width: 93%; font-weight: bold;">
            <div>Identification and Classification of Members of the Group.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%;">
            <div>&#160;</div>
          </td>
          <td style="width: 93%;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%;">
            <div>&#160;</div>
          </td>
          <td style="width: 93%;">
            <div>Not applicable.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%;">
            <div>&#160;</div>
          </td>
          <td style="width: 93%;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%; font-weight: bold;">
            <div>Item 9.</div>
          </td>
          <td style="width: 93%; font-weight: bold;">
            <div>Notice of Dissolution of Group.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%;">
            <div>&#160;</div>
          </td>
          <td style="width: 93%;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%;">
            <div>&#160;</div>
          </td>
          <td style="width: 93%;">
            <div>Not applicable.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%;">
            <div>&#160;</div>
          </td>
          <td style="width: 93%;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 7%; font-weight: bold;">
            <div>Item 10.</div>
          </td>
          <td style="width: 93%; font-weight: bold;">
            <div>Certifications.</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 7%; font-weight: bold;">&#160;</td>
          <td rowspan="1" style="width: 93%; font-weight: bold;">&#160;</td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 7%; font-weight: bold;">&#160;</td>
          <td rowspan="1" style="width: 93%; font-weight: normal;">By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and held in the ordinary course of business and were not acquired and
            are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or
            effect, other than activities solely in connection with a nomination under &#167;240.14a-11.</td>
        </tr>

    </table>
  </div>
  <div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">SIGNATURE</div>
    <div><br>
    </div>
    <div style="text-indent: 45pt; font-family: 'Times New Roman',Times,serif;">After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.</div>
    <div><br>
    </div>
    <div><font style="font-family: 'Times New Roman',Times,serif;">Date:</font><font style="font-family: 'Times New Roman',Times,serif;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; January 30, 2020</font></div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="zb13a503c7748473c9558244cd8e75152">

        <tr>
          <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
          <td rowspan="1" colspan="2" style="width: 3%; vertical-align: top;"><font style="font-weight: bold;">POLARIS INDUSTRIES INC. EMPLOYEE STOCK OWNERSHIP PLAN</font>&#160;</td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
          <td rowspan="1" colspan="1" style="width: 3%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 47%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
          <td rowspan="1" colspan="2" style="width: 3%; vertical-align: top;">By: Polaris Industries Inc. Employee Stock Ownership Plan Committee, as Plan Administrator&#160;</td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
          <td rowspan="1" colspan="1" style="width: 3%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 47%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
          <td rowspan="1" colspan="1" style="width: 3%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 47%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 50%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td rowspan="1" colspan="1" style="width: 3%; vertical-align: top; padding-bottom: 2px;">By: <br>
          </td>
          <td rowspan="1" style="width: 47%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">/s/ Gary E. Hendrickson<br>
          </td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
          <td rowspan="1" colspan="1" style="width: 3%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 47%; vertical-align: top;">
            <div>Gary E. Hendrickson</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
          <td rowspan="1" colspan="1" style="width: 3%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 47%; vertical-align: top;">Committee Chairman</td>
        </tr>

    </table>
    <div style="text-align: right;"><br>
    </div>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
