Jennifer L. Thomas Under A. - 22 Feb 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
22 Feb 2023
Net transactions value
$0
Form type
4
Filing time
23 Feb 2023, 15:46:50 UTC
Previous filing
17 Feb 2023
Next filing
09 Mar 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 +4,667 $0.000000 4,667 22 Feb 2023 Common Stock 4,667 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.