Rebecca Fine Under A. - 08 Mar 2022 Form 4 Insider Report for CALLAWAY GOLF CO (MODG)

Role
EVP, Chief People Officer
Signature
/s/ Sarah Kim Attorney-in-Fact for Rebecca Fine under a Limited Power of Attorney dated February 23, 2022.
Issuer symbol
MODG
Transactions as of
08 Mar 2022
Net transactions value
-$33,888
Form type
4
Filing time
10 Mar 2022, 16:09:51 UTC
Previous filing
03 Mar 2022
Next filing
17 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODG Common Stock Options Exercise $0 +6,425 $0.000000 6,425 08 Mar 2022 Direct F1, F2
transaction MODG Common Stock Tax liability $33,888 -1,566 -24% $21.64 4,859 08 Mar 2022 Direct 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 -6,425 -33% $0.000000 12,848 08 Mar 2022 Common Stock 6,425 $0.000000 Direct F1, F2, 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 Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting.
F4 The RSUs were granted on March 8, 2021 and vest in three equal annual installments beginning on the first anniversary of the grant date.
F5 Represents only the unvested portion of the RSUs granted on March 8, 2021 and does not include other RSUs with different vesting terms.