SEC Form 4 · accession 0001209191-15-078142
Callaway Golf Co · CALY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony S Thornley
Director
Period of report
Nov 2, 2015
Accepted (ET)
Nov 3, 2015 · 5:27 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,F2 | Nov 2, 2015 | M | 38,195 | $5.50 | A | 82,473 | D | |
| Common StockF1,F2 | Nov 2, 2015 | D | 38,195 | $10.27 | D | 44,278 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights (SARs) | $5.50 | Nov 2, 2015 | M | 38,195 | D | Mar 5, 2012 | Jun 29, 2016 | Common Stock | 38,195 | 76,384 | D |
Explanation of responses
- F1The reported transactions occurred pursuant to the terms of a trading plan agreement entered into on January 30, 2015. The trading plan agreement is intended to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934.
- F2The Stock Appreciation Rights (SARs) were settled in cash as per the terms of the award. For reporting purposes, however, the transaction is deemed to be a simultaneous acquisition and disposition of the underlying common stock and is reflected as such in this report.