Bavan Holloway - 06 Dec 2022 Form 4 Insider Report for Topgolf Callaway Brands Corp. (MODG)

Role: Director
Signature: /s/ Clinton Foss Attorney-in-Fact for Bavan M. Holloway under a Limited Power of Attorney dated November 21, 2022.
Issuer symbol: MODG
Transactions as of: 06 Dec 2022
Net transactions value: $0
Form type: 4
Filing time: 06 Dec 2022, 16:48:38 UTC
Previous filing: 17 Jun 2022
Next filing: 25 May 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	$0	+1,833		$0.000000	1,833	06 Dec 2022	Direct	F1, F2

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	-1,833	-100%	$0.000000^*	0	06 Dec 2022	Common Stock	1,833		Direct	F1, F2, F3, 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 RSUs were granted on December 6, 2021 and vested on the first anniversary of the grant date.
F4	Represents only the RSUs granted on December 6, 2021 and does not include other RSUs with different vesting terms.