Erik J. Anderson - Jun 6, 2024 Form 4 Insider Report for Topgolf Callaway Brands Corp. (MODG)

Role
Director
Signature
/s/ Clinton Foss Attorney-in-Fact for Erik J Anderson under a Limited Power of Attorney dated January 23, 2024.
Stock symbol
MODG
Transactions as of
Jun 6, 2024
Transactions value $
$0
Form type
4
Date filed
6/6/2024, 04:56 PM
Previous filing
May 31, 2024
Next filing
Sep 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODG Common Stock Options Exercise $0 +6.99K +22.38% $0.00 38.2K Jun 6, 2024 Direct F1, F2
holding MODG Common Stock 760K Jun 6, 2024 By WestRiver Management, LLC F3
holding MODG Common Stock 40.5K Jun 6, 2024 By Anderson Family Investments, LLC F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MODG Restricted Stock Units Options Exercise $0 -6.99K -100% $0.00* 0 Jun 6, 2024 Common Stock 6.99K Direct F1, F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of common stock issued upon the vesting of restricted stock units ("RSUs").
F2 RSUs convert into common stock on a one-for-one basis.
F3 The Reporting Person is the sole member and sole manager of WestRiver Management, LLC ("WestRiver Management") and the sole manager of Anderson Family Investments, LLC ("AFI"). As a result, the Reporting Person may be deemed to beneficially own the securities held of record by WestRiver Management and AFI. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.
F4 The RSUs were granted on June 6, 2023 and vest in full on the first anniversary of the grant date.
F5 Represents only the RSUs granted on June 6, 2023 and does not include RSUs with different vesting terms.