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Topgolf Callaway Brands Corp. — Director's Dealing 2011
Jan 28, 2011
31798_dirs_2011-01-28_1c71abf0-4b2c-49ba-b3d3-d1d51734119d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CALLAWAY GOLF CO (ELY)
CIK: 0000837465
Period of Report: 2011-01-27
Reporting Person: FELLOWS GEORGE (Director, President and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-01-27 | Non-Qualified Stock Option (right to buy) | $7.51 | A | 544162 | Acquired | 2021-01-27 | Common Stock (544162) | Direct |
| 2011-01-27 | Phantom Stock Units | $ | A | 213049 | Acquired | Common Stock (213049) | Direct |
Footnotes
F1: This stock option is scheduled to vest as follows: 181,388 shares on 01/27/2012; 181,387 shares on 01/27/2013; and 181,387 shares on 01/27/2014.
F2: Upon vesting, the recipient is entitled to a cash payment for each Phantom Stock Unit equal to the value on the vesting date of one share of the Company's Common Stock.
F3: The Phantom Stock Units are scheduled to vest on January 27, 2014.
F4: The reporting person is the holder of other Phantom Stock Units as follows: 127,065 units are scheduled to vest on December 29, 2011 and 127,065 units are scheduled to vest on December 29, 2012.