Oliver G. Brewer III - Jun 1, 2021 Form 4 Insider Report for CALLAWAY GOLF CO (MODG)

Role
President and CEO, Director
Signature
/s/ Sarah Kim Attorney-in-Fact for Oliver G. Brewer III under a Limited Power of Attorney dated February 1, 2019.
Stock symbol
MODG
Transactions as of
Jun 1, 2021
Transactions value $
-$15,269,908
Form type
4
Date filed
6/2/2021, 05:00 PM
Next filing
Dec 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODG Common Stock Gift $0 -950K -100% $0.00* 0 Feb 17, 2021 Direct
transaction MODG Common Stock Gift $0 +950K +3168.14% $0.00 980K Feb 17, 2021 By Family Trust
transaction MODG Common Stock Gift $0 -570K -58.15% $0.00 410K Mar 5, 2021 By Family Trust
transaction MODG Common Stock Gift $0 +285K $0.00 285K Mar 5, 2021 Direct
transaction MODG Common Stock Gift $0 +285K $0.00 285K Mar 5, 2021 By Spouse
transaction MODG Common Stock Gift $0 -285K -100% $0.00* 0 Mar 5, 2021 Direct
transaction MODG Common Stock Gift $0 -285K -100% $0.00* 0 Mar 5, 2021 By Spouse
transaction MODG Common Stock Gift $0 +88.8K $0.00 88.8K Mar 9, 2021 By Family Trust for Son 1
transaction MODG Common Stock Gift $0 +88.8K $0.00 88.8K Mar 9, 2021 By Family Trust for Son 2
transaction MODG Common Stock Gift $0 +88.8K $0.00 88.8K Mar 9, 2021 By Family Trust for Son 3
transaction MODG Common Stock Gift $0 +37.1K +9.04% $0.00 447K Mar 9, 2021 By Family Trust
transaction MODG Common Stock Gift $0 +267K $0.00 267K Mar 9, 2021 By Family Trust for Spouse
transaction MODG Common Stock Options Exercise $3.24M +498K $6.52 498K Jun 1, 2021 Direct F1
transaction MODG Common Stock Sale -$18.5M -498K -100% $37.21 0 Jun 1, 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 -498K -100% $0.00* 0 Jun 1, 2021 Common Stock 498K $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.