SEC Form 4 · accession 0001209191-17-008894
Callaway Golf Co · CALY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Oliver G Brewer III
Officer — President and CEO · Director
Period of report
Feb 6, 2017
Accepted (ET)
Feb 8, 2017 · 7:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000837465
Table I — non-derivative securities
No Table I lines on this filing.
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,F1,F2 | — | Feb 6, 2017 | A | 119,469 | A | — | — | Common Stock | 119,469 | 119,469 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2These restricted stock units are scheduled to vest as follows: 1/3 of the restricted stock units vest on February 6, 2018; 1/3 of the restricted stock units vest on February 6, 2019; and 1/3 of the restricted stock units vest on February 6, 2020. The Reporting Person has deferred receipt of the underlying shares of Common Stock pursuant to the terms of the Callaway Golf Company Deferred Compensation Plan.
- F3Represents only the restricted stock units granted on February 6, 2017 and does not include restricted stock units with different vesting terms.