Richards Leighton Edwin 4
4 · CALLAWAY GOLF CO · Filed Jan 31, 2012
Insider Transaction Report
Form 4
Richards Leighton Edwin
MD, S.E. Asia & South Pacific
Transactions
- Award
Stock Appreciation Rights (SARs)
2012-01-27+62,736→ 62,736 totalExercise: $6.69Exp: 2017-01-27→ Common Stock (62,736 underlying) - Award
Phantom Stock Units
2012-01-27+9,964→ 9,964 totalFrom: 2015-01-27Exp: 2015-01-27→ Common Stock (9,964 underlying)
Footnotes (2)
- [F1]These Stock Appreciation Rights are scheduled to vest as follows: 1/3 of the SARs vest on January 27, 2013; 1/3 of the SARs vest on January 27, 2014; and 1/3 of the SARs vest on January 27, 2015.
- [F2]Upon vesting, the recipient is entitled to a cash payment for each Phantom Stock Unit equal to the value on the vesting date of one share of the Company's Common Stock.