PEP TG Investments LP - Sep 20, 2021 Form 4 Insider Report for CALLAWAY GOLF CO (MODG)

Role
10%+ Owner
Signature
PEP TG INVESTMENTS LP, by: PEP TG Investments GP LLC, by: Michael Dominguez /s/ Michael Dominguez
Stock symbol
MODG
Transactions as of
Sep 20, 2021
Transactions value $
-$127,144,000
Form type
4
Date filed
9/22/2021, 05:04 PM
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODG Common stock, par value $0.01 per share Sale -$127M -4.6M -15.99% $27.64 24.2M Sep 20, 2021 Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock ("Common Stock") of Callaway Golf Company (the "Issuer") sold in connection with a secondary offering of the Issuer's Common Stock by PEP TG Investments LP at a price of $27.64125 per share.
F2 This statement is being filed by the following Reporting Persons: PEP TG Investments LP, PEP TG Investments GP LLC and Michael Dominguez and represents shares of Common Stock directly held by PEP TG Investments LP.
F3 PEP TG Investments GP LLC is the sole general partner of PEP TG Investments LP. By virtue of such relationship, PEP TG Investments GP LLC has shared voting and investment control with respect to the securities held directly by PEP TG Investments LP, and may be deemed to indirectly beneficially own the securities directly held by PEP TG Investments LP.
F4 Michael Dominguez is the sole member of PEP TG Investments GP LLC. By virtue of such relationship, Michael Dominguez has shared voting and investment control with respect to the securities held directly by PEP TG Investments GP LLC, and may be deemed to indirectly beneficially own the securities directly held by PEP TG Investments LP.
F5 This report shall not be deemed an admission that PEP TG Investments GP LLC or Michael Dominguez is a beneficial owner of the securities held by PEP TG Investments LP, in each case for the purpose of Section 16 of the Exchange Act, or for any other purpose, except to the extent of their pecuniary interest therein, if any. Each of PEP TG Investments GP LLC and Michael Dominguez disclaims any beneficial ownership with respect to such securities, except to the extent of its respective pecuniary interest therein, if any.

Remarks:

Exhibit 99.1 (Signatures and Joint Filer Information) is incorporated herein by reference.