4//SEC Filing
Flannery Joseph B. 4
Accession 0000837465-24-000005
CIK 0000837465other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:41 PM ET
Size
391.9 KB
Accession
0000837465-24-000005
Insider Transaction Report
Form 4
Flannery Joseph B.
EVP, Apparel & Soft Goods
Transactions
- Award
Restricted Stock Units
2024-02-06+20,998→ 20,998 total→ Common Stock (20,998 underlying) - Award
Performance Stock Unit
2024-02-06+6,016→ 10,026 total→ Common Stock (6,016 underlying) - Award
Performance Stock Unit
2024-02-06+2,607→ 2,607 total→ Common Stock (2,607 underlying) - Award
Performance Stock Unit
2024-02-06+25,130→ 25,130 total→ Common Stock (25,130 underlying)
Footnotes (10)
- [F1]Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of common stock, subject to the achievement of applicable performance criteria.
- [F10]Represents only the RSUs granted on February 6, 2024 and does not include RSUs with different vesting terms.
- [F2]On February 12, 2021, the Reporting Person was granted PSUs, the vesting of which is subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria. Such PSUs converted to time-based units that will vest on the third anniversary of the grant date subject to continued employment through such date.
- [F3]Following vesting, the PSUs will become payable upon the earlier of (i) the reporting person's termination of continuous service or (ii) June 3, 2024.
- [F4]Represents the aggregate number of PSUs originally granted on February 12, 2021, the vesting of which was subject to the achievement of certain performance criteria, that have been earned as a result of the achievement of the applicable performance criteria.
- [F5]On February 12, 2021, the Reporting Person was granted PSUs, the vesting of which is subject to the achievement of certain rTSR performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria. Such PSUs converted to time-based units that will vest on the third anniversary of the grant date subject to continued employment through such date.
- [F6]On March 8, 2021, the Reporting Person was granted PSUs, the vesting of which is subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria. Such PSUs converted to time-based units that will vest on the third anniversary of the grant date subject to continued employment through such date.
- [F7]Represents the aggregate number of PSUs originally granted on March 8, 2021, the vesting of which was subject to the achievement of certain performance criteria, that have been earned as a result of the achievement of the applicable performance criteria.
- [F8]Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.
- [F9]These RSUs are scheduled to vest as follows: 1/3 of the RSUs vest on February 6, 2025; 1/3 of the RSUs vest on February 6, 2026; and 1/3 of the RSUs vest on February 6, 2027.
Issuer
Topgolf Callaway Brands Corp.
CIK 0000837465
Entity typeother
Related Parties
1- filerCIK 0001803147
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 4:41 PM ET
- Size
- 391.9 KB