SEC Form 4 · accession 0001209191-15-013747
Callaway Golf Co · CALY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley J Holiday
Officer — SEVP, CFO
Period of report
Feb 12, 2015
Accepted (ET)
Feb 13, 2015 · 5:36 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 | Feb 12, 2015 | M | 58,046 | $6.52 | A | 97,789 | D | |
| Common StockF1 | Feb 12, 2015 | S | 58,046 | $8.5677 | D | 39,743 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $6.52 | Feb 12, 2015 | M | 58,046 | D | Feb 1, 2015 | Feb 1, 2023 | Common Stock | 58,046 | 29,023 | D |
Explanation of responses
- F1The reported transactions occurred pursuant to the terms of a trading plan agreement entered into on February 4, 2015. The trading plan agreement is intended to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934.
- F2Mr. Holiday has announced his intention to retire from Callaway in 2015. Upon his retirement, the options would expire on the one year anniversary of his retirement date.