SEC Form 4 · accession 0001209191-15-049716
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
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 5:24 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 | Jun 1, 2015 | M | 10,149 | $0.00 | A | 15,208 | D | |
| Common StockF3 | Jun 1, 2015 | F | 3,814 | $9.36 | D | 11,394 | 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 | Jun 1, 2015 | M | 10,150 | D | Jun 1, 2015 | Jun 1, 2015 | Common Stock | 10,150 | 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 other Restricted Stock Units as follows: 10,424.50 restricted stock units are scheduled to vest on February 1, 2016; 4,907.15 restricted stock units are scheduled to vest on February 2, 2016; 10,779.71 restricted stock units are scheduled to vest on January 31, 2017; 17,219.93 performance stock units are scheduled to vest on January 31, 2017; 4,907.14 restricted stock units are scheduled to vest on February 2, 2017; 4,305.31 performance stock units are scheduled to vest on April 1, 2017; 2,692.47 restricted stock units are scheduled to vest on April 1, 2017 and 4,907.14 restricted stock units are scheduled to vest on February 2, 2018.