A broadband reconfigurable metasurface consisting of perpendicular metallic gratings and a PIN diode-driven split circular ring for polarization and propagation modes control is demonstrated. The designed metasurface possesses tunable properties in two propagation modes. In the “OFF” state, it can convert incident linear-polarized waves into transmitted cross-polarized waves with full transmission. In the “ON” state, it can reflect incident linear-polarized waves into co-polarized waves with full reflection. Without the increasing number of active elements commonly utilized in chirality-type metasurface polarizers, the equivalent transformation of the split circular ring can be achieved by switching the single PIN diode, and high polarization-conversion efficiency is guaranteed. A metasurface array with 10 × 10 unit cells is fabricated and measured. The experimental results show that the tunable transmission, reflection, and polarization properties of the proposed reconfigurable metasurface can be achieved from 4.9 to 7 GHz.