Topgolf Callaway Brands Corp. — Director's Dealing 2021

May 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALLAWAY GOLF CO (ELY)
CIK: 0000837465
Period of Report: 2021-05-19

Reporting Person: ANDERSON ERIK J (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-19	Restricted Stock Units	$	A	4063	Acquired		Common Stock (4063)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.

F2: The RSUs were granted on May 19, 2021 and vest in full on the first anniversary of the grant date.

F3: Represents only the RSUs granted on May 19, 2021 and does not include RSUs with different vesting terms.