SEC Form 4 · accession 0001209191-15-038202
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
May 1, 2015
Accepted (ET)
May 1, 2015 · 7:58 pm EDT
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,F2 | May 1, 2015 | M | 64,059 | $0.00 | A | 103,805 | D | |
| Common StockF3 | May 1, 2015 | F | 33,426 | $9.64 | D | 70,379 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F5,F4 | $0.00 | May 1, 2015 | M | 64,060 | D | May 1, 2015 | May 1, 2015 | Common Stock | 64,060 | 0 | D |
Explanation of responses
- F1Reflects the vesting of a prior restricted stock unit grant, which was previously reported on a Form 4 and additional restricted stock units accrued as a result of dividend equivalent rights paid by the Company pursuant to the terms of the grant.
- F2Reflects a deduction for cash paid in lieu of fractional shares upon the settlement of the restricted stock units in shares of common stock.
- F3These shares represent the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the vesting of the restricted stock units.
- F4Each restricted stock unit represents a contingent right to receive one share of common stock.
- F5The reporting person is the holder of 37,107.61 other Restricted Stock Units.