SEC Form 4 · accession 0001209191-17-007664
Callaway Golf Co · CALY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Hocknell
Officer — SVP, Research & Development
Period of report
Feb 2, 2017
Accepted (ET)
Feb 3, 2017 · 4:45 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 | Feb 2, 2017 | M | 6,919 | $0.00 | A | 67,615 | D | |
| Common StockF3 | Feb 2, 2017 | F | 2,600 | $10.99 | D | 65,015 | 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,F2,F4 | $0.00 | Feb 2, 2017 | M | 6,920 | D | — | — | Common Stock | 6,920 | 6,919 | 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. The number of shares reported on Table 1 does not include the 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 withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting.
- F4The RSUs were granted on February 2, 2015 and vest in three equal annual installments beginning on the first anniversary of the grant date.
- F5Represents only the RSUs granted on February 2, 2015 and does not include other RSUs with different vesting terms.