SEC Form 4 · accession 0001209191-15-005177
Callaway Golf Co · CALY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian P. Lynch
Officer — SVP, G.C. & Corp Secretary
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 5:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000837465
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitF2,F1 | — | Jan 15, 2015 | A | 17,220 | A | Jan 31, 2017 | Jan 31, 2017 | Common Stock | 17,220 | 17,220 | D |
| Performance Stock UnitF3,F4,F1 | — | Jan 15, 2015 | A | 4,305 | A | Apr 1, 2017 | Apr 1, 2017 | Common Stock | 4,305 | 21,525 | D |
Explanation of responses
- F1Each Performance Stock Unit represents a contingent right to receive one share of common stock.
- F2The Performance Stock Units were originally granted on January 31, 2014 and were subject to the achievement of certain performance criteria. On January 15, 2015, the Compensation and Management Succession Committee of the Board of Directors determined that the performance criteria were achieved for the number of units being reported on this form.
- F3The Performance Stock Units were originally granted on April 1, 2014 and were subject to the achievement of certain performance criteria. On January 15, 2015, the Compensation and Management Succession Committee of the Board of Directors determined that the performance criteria were achieved for the number of units being reported on this form.
- F4Of the total number of performance stock units beneficially owned by the reporting person, 17,219.93 performance stock units are scheduled to vest on January 31, 2017 and 4,305.31 performance stock units are scheduled to vest on April 1, 2017.