SEC Form 4 · accession 0001209191-18-008940
Callaway Golf Co · CALY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian P. Lynch
Officer — SVP, CF0, GC & Corp. Secretary
Period of report
Feb 9, 2018
Accepted (ET)
Feb 9, 2018 · 5:30 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 9, 2018 | S | 25,911 | $14.84 | D | 31,599 | 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 UnitsF5,F3,F4 | — | Feb 9, 2018 | A | 14,141 | A | — | — | Common Stock | 14,141 | 14,141 | D |
Explanation of responses
- F1The reported transactions occurred pursuant to the terms of a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2017.
- F2This transaction was executed in multiple trades at prices ranging from $14.50 to $15.23. The price reported above reflects the weighted average sale price for the transactions reported on this line.
- F3Each restricted stock unit represents a contingent right to receive one share of common stock.
- F4These restricted stock units are scheduled to vest as follows: 1/3 of the restricted stock units vest on February 9, 2019; 1/3 of the restricted stock units vest on February 9, 2020; and 1/3 of the restricted stock units vest on February 9, 2021.
- F5Represents only the restricted stock units granted on February 9, 2018 and does not include restricted stock units with different vesting terms.