Scott H. Baxter - May 12, 2021 Form 4 Insider Report for CALLAWAY GOLF CO (MODG)

Role
Director
Signature
/s/ Sarah Kim Attorney-in-Fact for Scott H. Baxter under a Limited Power of Attorney dated November 21, 2019.
Stock symbol
MODG
Transactions as of
May 12, 2021
Transactions value $
$0
Form type
4
Date filed
5/12/2021, 05:13 PM
Next filing
May 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODG Common Stock Options Exercise $0 +8.23K +335.15% $0.00 10.7K May 12, 2021 Direct F1, F2

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 -8.23K -100% $0.00* 0 May 12, 2021 Common Stock 8.23K Direct F2, F3, F4
* 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 a restricted stock unit ("RSU") plus the number of shares of common stock accrued with respect to such vested portion of the RSU as a result of dividend equivalent rights paid by the Company pursuant to the terms of the award, less fractional shares, which were paid in cash upon settlement.
F2 RSUs convert into common stock on a one-for-one basis.
F3 Represents the number of shares of common stock issued upon the vesting of an RSU plus the number of shares of common stock accrued with respect to such vested portion of the RSU as a result of dividend equivalent rights paid by the Company pursuant to the terms of the award.
F4 The RSUs were granted on May 12, 2020 and vested on the first anniversary of the grant date.