Topgolf Callaway Brands Corp. — Director's Dealing 2021

Jun 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALLAWAY GOLF CO (ELY)
CIK: 0000837465
Period of Report: 2021-06-01

Reporting Person: BREWER OLIVER G III (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-17	Common Stock	G	950443	$0.00	Disposed	0	Direct
2021-02-17	Common Stock	G	950443	$0.00	Acquired	980443	Indirect
2021-03-05	Common Stock	G	570170	$0.00	Disposed	410273	Indirect
2021-03-05	Common Stock	G	285085	$0.00	Acquired	285085	Direct
2021-03-05	Common Stock	G	285085	$0.00	Acquired	285085	Indirect
2021-03-05	Common Stock	G	285085	$0.00	Disposed	0	Direct
2021-03-05	Common Stock	G	285085	$0.00	Disposed	0	Indirect
2021-03-09	Common Stock	G	88849	$0.00	Acquired	88849	Indirect
2021-03-09	Common Stock	G	88848	$0.00	Acquired	88848	Indirect
2021-03-09	Common Stock	G	88848	$0.00	Acquired	88848	Indirect
2021-03-09	Common Stock	G	37080	$0.00	Acquired	447353	Indirect
2021-03-09	Common Stock	G	266545	$0.00	Acquired	266545	Indirect
2021-06-01	Common Stock	M	497537	$6.52	Acquired	497537	Direct
2021-06-01	Common Stock	S	497537	$37.211	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-01	Non-Qualified Stock Option (right to buy)	$6.52	M	497537	Disposed	2023-02-01	Common Stock (497537)	Direct

Footnotes

F1: The reported transactions occurred pursuant to the terms of a Rule 10b5-1 trading plan adopted by the reporting person on February 18, 2021, as amended.

F2: Represents the weighted average sale price for the entire number of shares sold. The actual sales prices range between $37.20 and $37.70. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.

F3: The option vested in three equal installments on February 1, 2014, 2015 and 2016.