Colton Jeffrey M 4
4 · CALLAWAY GOLF CO · Filed Jan 19, 2011
Insider Transaction Report
Form 4
Colton Jeffrey M
Senior Vice President, U.S.
Transactions
- Tax Payment
Common Stock
2011-01-14$8.12/sh−3,433$27,876→ 10,285 total - Exercise/Conversion
Restricted Stock Units
2011-01-14−8,158.34→ 0 totalExercise: $0.00→ Common Stock (8,158.34 underlying) - Exercise/Conversion
Common Stock
2011-01-14+8,158→ 13,718 total
Footnotes (6)
- [F1]Reflects the vesting of a prior restricted stock unit grant, which was previously reported on a Form 4 and additional restricted stock units accrued as a result of dividend equivalent rights paid by the Company pursuant to the terms of the grant.
- [F2]Reflects a deduction for cash paid in lieu of fractional shares upon the settlement of the restricted stock units in shares of common stock.
- [F3]The 3,433 shares reported in this line item represent the number of shares of restricted stock withheld by the Company to satisfy tax withholding requirements in connection with the vesting of the restricted stock unit.
- [F4]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F5]The restricted stock unit vested in full on January 14, 2011.
- [F6]The reporting person is the holder of other Restricted Stock Units as follows: 15,143.85 restricted stock units which are scheduled to vest on January 29, 2012 and 15,574.51 restricted stock units which are scheduled to vest on January 28, 2013.