Topgolf Callaway Brands Corp. — Director's Dealing 2017

Apr 19, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALLAWAY GOLF CO (ELY)
CIK: 0000837465
Period of Report: 2017-04-17

Reporting Person: Boezeman Alex Mitchell (Managing Director, East Asia)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-17	Common Stock	M	54810	$7.85	Acquired	158950	Direct
2017-04-17	Common Stock	S	54810	$11.75	Disposed	104140	Direct
2017-04-18	Common Stock	M	1473	$7.85	Acquired	105613	Direct
2017-04-18	Common Stock	S	1473	$11.75	Disposed	104140	Direct
2017-04-18	Common Stock	M	23458	$7.53	Acquired	127598	Direct
2017-04-18	Common Stock	S	23458	$11.75	Disposed	104140	Direct
2017-04-18	Common Stock	M	34010	$7.51	Acquired	138150	Direct
2017-04-18	Common Stock	S	34010	$11.75	Disposed	104140	Direct
2017-04-18	Common Stock	M	87069	$6.52	Acquired	191209	Direct
2017-04-18	Common Stock	S	87069	$11.75	Disposed	104140	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-17	Non-Qualified Stock Option (right to buy)	$7.85	M	54810	Disposed	2019-01-29	Common Stock (54810)	Direct
2017-04-18	Non-Qualified Stock Option (right to buy)	$7.85	M	1473	Disposed	2019-01-29	Common Stock (1473)	Direct
2017-04-18	Non-Qualified Stock Option (right to buy)	$7.53	M	23458	Disposed	2020-01-28	Common Stock (23458)	Direct
2017-04-18	Non-Qualified Stock Option (right to buy)	$7.51	M	34010	Disposed	2021-01-27	Common Stock (34010)	Direct
2017-04-18	Non-Qualified Stock Option (right to buy)	$6.52	M	87069	Disposed	2023-02-01	Common Stock (87069)	Direct

Footnotes

F1: The reported transactions occurred pursuant to the terms of a trading plan agreement entered into on February 10, 2017. The trading plan agreement is intended to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934.