Scott M. Marimow - Mar 8, 2022 Form 4 Insider Report for CALLAWAY GOLF CO (MODG)

Role: Director
Signature: /s/ Sarah Kim Attorney-in-Fact for Scott M. Marimow under a Limited Power of Attorney dated February 26, 2021.
Stock symbol: MODG
Transactions as of: Mar 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/10/2022, 04:06 PM
Previous filing: May 19, 2021
Next filing: May 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MODG	Common Stock	Options Exercise	$0	+573		$0.00	573	Mar 8, 2022	Direct	F1, F2, F3

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	-573	-100%	$0.00^*	0	Mar 8, 2022	Common Stock	573		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 the number of shares of common stock issued upon the vesting of restricted stock units ("RSUs").
F2	RSUs convert into common stock on a one-for-one basis.
F3	The Reporting Person is a Managing Director of Providence Equity Partners L.L.C. ("Providence"). Any securities issued to Mr. Marimow for his service as a director of the Issuer are held by Mr. Marimow for the benefit of Providence. The Reporting Person disclaims beneficial ownership over the securities reported herein, except to the extent of his pecuniary interest therein, if any.
F4	The RSUs were granted on March 8, 2021 and vested on the first anniversary of the grant date.
F5	Represents only the RSUs granted on March 8, 2021, and does not include RSUs with different vesting terms.