Jennifer L. Thomas Under A. - 20 Jan 2023 Form 4 Insider Report for Topgolf Callaway Brands Corp. (MODG)

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
20 Jan 2023
Net transactions value
-$108,030
Form type
4
Filing time
20 Jan 2023, 16:14:20 UTC
Previous filing
05 Dec 2022
Next filing
14 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODG Common Stock Options Exercise $41,976 +6,438 +11% $6.52 62,450 20 Jan 2023 Direct F1
transaction MODG Common Stock Sale $150,005 -6,438 -10% $23.30 56,012 20 Jan 2023 Direct F1

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 -6,438 -100% $0.000000* 0 20 Jan 2023 Common Stock 6,438 $6.52 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transactions occurred pursuant to the terms of a Rule 10b5-1 trading plan adopted by the reporting person on December 9, 2022.
F2 The option vested in three equal installments on February 1, 2014, 2015 and 2016.