Jennifer L. Thomas Under A. - 01 Dec 2022 Form 4 Insider Report for Topgolf Callaway Brands Corp. (MODG)

Role: SVP, Chief Accounting Officer
Signature: /s/ Clinton Foss Attorney-in-Fact for Jennifer L. Thomas under a Limited Power of Attorney dated November 21, 2022.
Issuer symbol: MODG
Transactions as of: 01 Dec 2022
Net transactions value: -$89,880
Form type: 4
Filing time: 05 Dec 2022, 16:30:53 UTC
Previous filing: 10 Mar 2022
Next filing: 20 Jan 2023
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	$39,120	+6,000	+11%	$6.52	62,012	01 Dec 2022	Direct
transaction	MODG	Common Stock	Sale	$129,000	-6,000	-9.7%	$21.50	56,012	01 Dec 2022	Direct

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	-6,000	-48%	$0.000000	6,438	01 Dec 2022	Common Stock	6,000	$6.52	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option vested in three equal installments on February 1, 2014, 2015 and 2016.