Oliver G. Brewer III Under A. - 01 Jun 2021 Form 4 Insider Report for CALLAWAY GOLF CO (MODG)

Signature
/s/ Sarah Kim Attorney-in-Fact for Oliver G. Brewer III under a Limited Power of Attorney dated February 1, 2019.
Issuer symbol
MODG
Transactions as of
01 Jun 2021
Net transactions value
-$15,269,908
Form type
4
Filing time
02 Jun 2021, 17:00:49 UTC
Next filing
06 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODG Common Stock Gift $0 -950,443 -100% $0.000000* 0 17 Feb 2021 Direct
transaction MODG Common Stock Gift $0 +950,443 +3168% $0.000000 980,443 17 Feb 2021 By Family Trust
transaction MODG Common Stock Gift $0 -570,170 -58% $0.000000 410,273 05 Mar 2021 By Family Trust
transaction MODG Common Stock Gift $0 +285,085 $0.000000 285,085 05 Mar 2021 Direct
transaction MODG Common Stock Gift $0 +285,085 $0.000000 285,085 05 Mar 2021 By Spouse
transaction MODG Common Stock Gift $0 -285,085 -100% $0.000000* 0 05 Mar 2021 Direct
transaction MODG Common Stock Gift $0 -285,085 -100% $0.000000* 0 05 Mar 2021 By Spouse
transaction MODG Common Stock Gift $0 +88,849 $0.000000 88,849 09 Mar 2021 By Family Trust for Son 1
transaction MODG Common Stock Gift $0 +88,848 $0.000000 88,848 09 Mar 2021 By Family Trust for Son 2
transaction MODG Common Stock Gift $0 +88,848 $0.000000 88,848 09 Mar 2021 By Family Trust for Son 3
transaction MODG Common Stock Gift $0 +37,080 +9% $0.000000 447,353 09 Mar 2021 By Family Trust
transaction MODG Common Stock Gift $0 +266,545 $0.000000 266,545 09 Mar 2021 By Family Trust for Spouse
transaction MODG Common Stock Options Exercise $3,243,941 +497,537 $6.52 497,537 01 Jun 2021 Direct F1
transaction MODG Common Stock Sale $18,513,849 -497,537 -100% $37.21 0 01 Jun 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -497,537 -100% $0.000000* 0 01 Jun 2021 Common Stock 497,537 $6.52 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transactions occurred pursuant to the terms of a Rule 10b5-1 trading plan adopted by the reporting person on February 18, 2021, as amended.
F2 Represents the weighted average sale price for the entire number of shares sold. The actual sales prices range between $37.20 and $37.70. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
F3 The option vested in three equal installments on February 1, 2014, 2015 and 2016.