4//SEC Filing
FELLOWS GEORGE 4
Accession 0001181431-11-039399
CIK 0000837465other
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 7:08 PM ET
Size
15.4 KB
Accession
0001181431-11-039399
Insider Transaction Report
Form 4
FELLOWS GEORGE
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2011-06-29+467,179→ 914,716 total - Exercise/Conversion
Common Stock
2011-06-29+355,394→ 577,895 total - Tax Payment
Common Stock
2011-06-29$6.33/sh−130,358$825,166→ 447,537 total - Disposition to Issuer
Common Stock
2011-06-29$6.33/sh−467,179$2,957,243→ 447,537 total - Exercise/Conversion
Phantom Stock Units
2011-06-29−467,179→ 0 totalFrom: 2011-06-29Exp: 2011-06-29→ Common Stock (467,179 underlying) - Exercise/Conversion
Restricted Stock Units
2011-06-29−355,395.79→ 0 totalExercise: $0.00→ Common Stock (355,395.79 underlying)
Footnotes (9)
- [F1]Reflects vesting of prior restricted stock unit grants, which were 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 grants.
- [F2]Reflects a deduction for cash paid in lieu of fractional shares upon the settlement of the restricted stock units.
- [F3]The amount of securities beneficially owned includes the reporting person's acquisition in exempt transactions of 3,201 shares of common stock acquired through dividend reinvestment and the Company's employee stock purchase plan since the date these holdings were last reported.
- [F4]The 130,358 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.
- [F5]The Phantom Stock Units were settled in cash as per the terms of the award. For reporting purposes, however, the transaction is deemed to be a simultaneous acquisition and disposition of the underlying common stock and is reflected as such in this report.
- [F6]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F7]Per the terms of the reporting persons' separation from the Company, his restricted stock units have fully vested effective June 29, 2011 relating to the following grants: 73,700.40 restricted stock units which were originally scheduled to vest on December 15, 2011; 138,874.65 restricted stock units which were originally scheduled to vest on January 29, 2012 and 142,820.73 restricted stock units which were originally scheduled to vest on January 28, 2013.
- [F8]The restricted stock units vested in full on June 29, 2011.
- [F9]Each Phantom Stock Unit represents a contingent right to receive a cash payment equal to the value on the vesting date of one share of the Company's Common Stock.
Documents
Issuer
CALLAWAY GOLF CO
CIK 0000837465
Entity typeother
Related Parties
1- filerCIK 0001234997
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 7:08 PM ET
- Size
- 15.4 KB