Topgolf Callaway Brands Corp. — Director's Dealing 2022

Feb 14, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALLAWAY GOLF CO (ELY)
CIK: 0000837465
Period of Report: 2022-02-12

Reporting Person: Flannery Joseph B. (EVP, Apparel & Soft Goods)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-12	Common Stock	M	2735	$0.00	Acquired	4848	Direct
2022-02-12	Common Stock	F	1121	$22.92	Disposed	3727	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-12	Restricted Stock Units	$0.00	M	2735	Disposed		Common Stock (2735)	Direct

Footnotes

F1: Represents the number of shares of common stock issued upon the vesting of restricted stock units ("RSUs").

F2: RSUs convert into common stock on a one-for-one basis.

F3: Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting.

F4: Represents the number of shares of common stock issued upon the vesting of restricted stock units ("RSUs").

F5: The RSUs were granted on February 12, 2021 and vest in three equal annual installments beginning on the first anniversary of the grant date.

F6: Represents only the unvested portion of the RSUs granted on February 12, 2021 and does not include other RSUs with different vesting terms.