SEC Form 4 · accession 0001209191-15-006874
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 27, 2015
Accepted (ET)
Jan 27, 2015 · 7:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000837465
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 27, 2015 | M | 4,982 | $0.00 | A | 10,041 | D | |
| Common StockF1 | Jan 27, 2015 | D | 4,982 | $7.91 | D | 5,059 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF2 | — | Jan 27, 2015 | M | 4,982 | D | Jan 27, 2015 | Jan 27, 2015 | Common Stock | 4,982 | 0 | D |
Explanation of responses
- F1The Phantom Stock Units were settled in cash as per the terms of the award. For reporting purposes, however, the transaction is deemed to be a simultaneous acquisition and disposition of the underlying common stock and is reflected as such in this report.
- F2Each Phantom Stock Unit represents a contingent right to receive a cash payment equal to the value on the vesting date of one share of the Company's Common Stock.