Thomas G. Dundon - Dec 15, 2021 Form 4 Insider Report for CALLAWAY GOLF CO (MODG)

Role
Director
Signature
/s/ Sarah Kim Attorney-in-Fact for Thomas G. Dundon under a Limited Power of Attorney dated March 8, 2021.
Stock symbol
MODG
Transactions as of
Dec 15, 2021
Transactions value $
$0
Form type
4
Date filed
12/15/2021, 05:44 PM
Previous filing
Sep 30, 2021
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODG Common Stock Award $0 +929 +2.13% $0.00 44.5K Dec 15, 2021 Direct F1
holding MODG Common Stock 18.6M Dec 15, 2021 By DDFS Partnership LP F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were issued in lieu of the cash retainer otherwise payable to the reporting person under the issuers non-employee director compensation program for the quarter ending December 31, 2021.
F2 Mr. Dundon is the sole member of DDFS Management Company LLC, which is the sole general partner of DDFS Partnership LP. As a result, each of Mr. Dundon and DDFS Management Company LLC may be deemed to beneficially own the securities reported herein, but each disclaims such beneficial ownership except to the extent of his or its pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the reporting persons are the beneficial owners of any securities reported herein.