SEC Form 4 · accession 0001209191-15-043353
Callaway Golf Co · CALY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Lundgren
Director
Period of report
May 14, 2015
Accepted (ET)
May 15, 2015 · 4:30 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,F3 | May 14, 2015 | M | 5,953 | $0.00 | A | 30,206 | 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,F4,F3 | — | May 14, 2015 | M | 5,954 | D | May 14, 2015 | May 14, 2015 | Common Stock | 5,954 | 0 | D |
Explanation of responses
- F1Reflects the vesting of a prior restricted stock unit grant (granted on May 14, 2014) on May 14, 2015, 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 conversion of the restricted stock units to shares of common stock.
- F3Each restricted stock unit represents a contingent right to receive one share of common stock.
- F4The reporting person is the holder of other restricted stock units as follows: 12,878 restricted stock units previously granted plus an additional 77.61 restricted stock units accrued as a result of dividend equivalent rights paid by the Company. Of the total number of restricted stock units beneficially owned by the reporting person, 5,348 restricted stock units are scheduled to vest on May 13, 2016 and 7,607.61 restricted stock units are scheduled to vest on May 15, 2016.