--- schema_version: "secwatch.filing_event.v1" accession: "0001628280-23-014634" form_type: "8-K" ticker: "PII" cik: "0000931015" company_name: "Polaris Inc." filed_at: "2023-05-01T23:59:59+00:00" generated_at: "2026-06-16T05:58:46.581027+00:00" event_type: "other" sentiment: "neutral" materiality_score: 0.4 calibrated_materiality_score: 0.4 confidence: "high" source: SEC EDGAR --- # Polaris shareholders approve reincorporation to Delaware; exclusive forum provision rejected ## Summary - Reincorporation from Minnesota to Delaware approved with 44,032,890 for (77.27% of outstanding). - Exclusive forum provision in Delaware bylaws rejected: 22,425,318 for, 23,161,556 against (39.35% of outstanding). - Officer exculpation provision approved: 36,916,205 for (64.78% of outstanding). - Directors elected: Bilicic 95.27%, Hendrickson 82.31%, Henricks 98.55% as Class II for three-year terms. - Non-binding say-on-pay passed (94.95% for); annual frequency for future advisory votes selected (97.98% for one year). ## SEC filing metadata - accession: 0001628280-23-014634 - form_type: 8-K - ticker: PII - cik: 0000931015 - company_name: Polaris Inc. - filed_at: 2023-05-01T23:59:59+00:00 - event_type: other - sentiment: neutral - materiality_score: 0.4 - calibrated_materiality_score: 0.4 - confidence: high - sec_items: 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/931015/000162828023014634/0001628280-23-014634-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/931015/000162828023014634/pii-20230427.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001628280-23-014634 - JSON: https://secwatch.observer/filing/0001628280-23-014634.json - Plain text: https://secwatch.observer/filing/0001628280-23-014634.txt ## Key facts - Governance Changes Polaris Inc.: Reincorporation from Minnesota to Delaware; filed new Certificate of Incorporation. - Change: charter amendment source text: the Company’s shareholders approved the reincorporation of the Company from Minnesota to Delaware (the “Reincorporation”). In connection with the Reincorporation, the Company filed a Certificate of Incorporation (the “Certificate of Incorporation”) with the Delaware Secretary of State and adopted new Bylaws (the “Bylaws”). evidence_url: https://www.sec.gov/Archives/edgar/data/931015/000162828023014634/0001628280-23-014634-index.htm - Governance Changes Polaris Inc.: Adopted new Bylaws in connection with reincorporation to Delaware. - Change: bylaw amendment source text: the Company filed a Certificate of Incorporation (the “Certificate of Incorporation”) with the Delaware Secretary of State and adopted new Bylaws (the “Bylaws”). evidence_url: https://www.sec.gov/Archives/edgar/data/931015/000162828023014634/0001628280-23-014634-index.htm - Shareholder Votes Polaris Inc. shareholders approved Advisory vote to approve named executive officer compensation at the 2023-04-27 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-04-27 source text: 2. The compensation of the Company’s named executive officers was approved in a non-binding advisory vote: For Against Abstain Broker Non-Votes % Voted For 43,292,026 2,302,628 317,017 6,514,909 94.95% evidence_url: https://www.sec.gov/Archives/edgar/data/931015/000162828023014634/0001628280-23-014634-index.htm - Shareholder Votes Polaris Inc. shareholders approved Ratification of selection of Ernst & Young LLP as independent auditor at the 2023-04-27 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-04-27 source text: 7. The selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal 2023 was ratified: For Against Abstain % Voted For 50,924,650 1,195,063 306,867 97.14% evidence_url: https://www.sec.gov/Archives/edgar/data/931015/000162828023014634/0001628280-23-014634-index.htm - Shareholder Votes Polaris Inc. shareholders rejected Proposal to adopt an exclusive forum provision in the Delaware Bylaws at the 2023-04-27 meeting. - Proposal: charter amendment - Outcome: failed - Meeting: 2023-04-27 source text: 5. The adoption of an exclusive forum provision in the Delaware Bylaws was not approved: For Against Abstain Broker Non-Votes % Outstanding Voted For 22,425,318 23,161,556 324,797 6,514,909 39.35% evidence_url: https://www.sec.gov/Archives/edgar/data/931015/000162828023014634/0001628280-23-014634-index.htm - Shareholder Votes Polaris Inc. shareholders approved Proposal to adopt an officer exculpation provision in the Delaware Certificate of Incorporation at the 2023-04-27 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-04-27 source text: 6. The adoption of an officer exculpation provision in the Delaware Certificate of Incorporation was approved: For Against Abstain Broker Non-Votes % Outstanding Voted For 36,916,205 8,628,227 367,239 6,514,909 64.78% evidence_url: https://www.sec.gov/Archives/edgar/data/931015/000162828023014634/0001628280-23-014634-index.htm - Shareholder Votes Polaris Inc. shareholders approved Election of Class II Directors at the 2023-04-27 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-04-27 source text: 1. The following nominees were elected as Class II members of the Board of Directors of the Company for three-year terms ending in 2026: Name For Against Abstain Broker Non-Votes % Voted For George W. Bilicic 43,301,212 2,149,184 461,275 6,514,909 95.27% Gary E. Hendrickson 37,398,035 8,035,225 478,411 6,514,909 82.31% Gwenne A. Henricks 44,713,049 656,537 542,085 6,514,909 98.55% evidence_url: https://www.sec.gov/Archives/edgar/data/931015/000162828023014634/0001628280-23-014634-index.htm - Shareholder Votes Polaris Inc. shareholders approved Proposal to change the Company's state of incorporation from Minnesota to Delaware at the 2023-04-27 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-04-27 source text: 4. The proposal to change the Company’s state of incorporation from Minnesota to Delaware was approved: For Against Abstain Broker Non-Votes % Outstanding Voted For 44,032,890 1,672,133 206,648 6,514,909 77.27% evidence_url: https://www.sec.gov/Archives/edgar/data/931015/000162828023014634/0001628280-23-014634-index.htm - Shareholder Votes Polaris Inc. shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-04-27 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-04-27 source text: 3. In a non-binding advisory vote, shareholders selected every “one year” as the frequency of future advisory votes on the compensation of named executive officers: One Year Two Years Three Years Abstain Broker Non-Votes % Voted For One Year 44,673,052 333,047 585,804 319,768 6,514,909 97.98% evidence_url: https://www.sec.gov/Archives/edgar/data/931015/000162828023014634/0001628280-23-014634-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.