Brian P. Lynch - Feb 22, 2023 Form 4 Insider Report for Topgolf Callaway Brands Corp. (MODG)

Role
EVP, CFO
Signature
/s/ Clinton Foss Attorney-in-Fact for Brian P. Lynch under a Limited Power of Attorney dated November 21, 2022.
Stock symbol
MODG
Transactions as of
Feb 22, 2023
Transactions value $
$0
Form type
4
Date filed
2/23/2023, 03:41 PM
Previous filing
Feb 17, 2023
Next filing
Mar 9, 2023

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 Award $0 +28K $0.00 28K Feb 22, 2023 Common Stock 28K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of common stock.
F2 These RSUs are scheduled to vest as follows: 1/3 of the RSUs vest on February 22, 2024; 1/3 of the RSUs vest on February 22, 2025; and 1/3 of the RSUs vest on February 22, 2026.
F3 Represents only the RSUs granted on February 22, 2023 and does not include RSUs with different vesting terms.