SEC Form 4 · accession 0001209191-16-120526
Callaway Golf Co · CALY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Cushman III
Director
Period of report
May 13, 2016
Accepted (ET)
May 16, 2016 · 7:07 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 13, 2016 | M | 5,371 | $0.00 | A | 54,842 | D | |
| Common StockF1,F2 | May 15, 2016 | M | 7,641 | $0.00 | A | 62,483 | 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 UnitsF3,F4,F2 | — | May 13, 2016 | M | 5,372 | D | May 13, 2016 | May 13, 2016 | Common Stock | 5,372 | 0 | D |
| Restricted Stock UnitsF3,F5,F2 | — | May 15, 2016 | M | 7,641 | D | May 15, 2016 | May 15, 2016 | Common Stock | 7,641 | 0 | D |
Explanation of responses
- F1Represents the number of shares of common stock issued upon the vesting of a restricted stock unit ("RSU") plus the number of shares of common stock accrued with respect to such vested portion of the RSU as a result of dividend equivalent rights paid by the Company pursuant to the terms of the award, less fractional shares, which were paid in cash upon settlement.
- F2RSUs convert into common stock on a one-for-one basis.
- F3Represents the number of shares of common stock issued upon the vesting of an RSU plus the number of shares of common stock accrued with respect to such vested portion of the RSU as a result of dividend equivalent rights paid by the Company pursuant to the terms of the award.
- F4Represents only the RSUs granted on May 13, 2015 and does not include other RSUs with different vesting terms.
- F5Represents only the RSUs granted on May 15, 2013 and does not include other RSUs with different vesting terms.