SEC Form 4 · accession 0001209191-15-047614
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 27, 2015
Accepted (ET)
May 28, 2015 · 5:33 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 27, 2015 | M | 18,242 | $0.00 | A | 88,621 | D | |
| Common StockF3 | May 27, 2015 | F | 9,519 | $9.56 | D | 79,102 | 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 UnitsF5,F4 | $0.00 | May 27, 2015 | M | 18,243 | D | — | — | Common Stock | 18,243 | 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.
- F5Per the terms of the reporting persons' retirement from the Company, his restricted stock units have fully vested effective May 27, 2015, relating to the 18,242.62 restricted stock units which were originally scheduled to vest on February 1, 2016.
Remarks
Bradley J. Holiday retired from his position as Senior Executive Vice President, Chief Financial Officer effective May 27, 2015.