Scott M. Marimow - 19 May 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.
Issuer symbol: MODG
Transactions as of: 19 May 2022
Net transactions value: $0
Form type: 4
Filing time: 19 May 2022, 17:50:12 UTC
Previous filing: 10 Mar 2022
Next filing: 25 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	+4,063	+709%	$0.000000	4,636	19 May 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	-4,063	-100%	$0.000000^*	0	19 May 2022	Common Stock	4,063		Direct	F1, F2, F4

* 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 May 19, 2021 and vested on the first anniversary of the grant date.