4//SEC Filing
MCCRACKEN STEVEN C 4
Accession 0001181431-12-030328
CIK 0000837465other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 5:07 PM ET
Size
16.2 KB
Accession
0001181431-12-030328
Insider Transaction Report
Form 4
MCCRACKEN STEVEN C
Sr. EVP, CAO
Transactions
- Tax Payment
Common Stock
2012-05-15$5.46/sh−5,758$31,439→ 36,504 total - Disposition to Issuer
Common Stock
2012-05-15$5.46/sh−62,975$343,844→ 36,504 total - Exercise/Conversion
Phantom Stock Units
2012-05-15−62,975→ 0 totalFrom: 2012-05-15Exp: 2012-05-15→ Common Stock (62,975 underlying) - Exercise/Conversion
Common Stock
2012-05-15+15,698→ 42,262 total - Exercise/Conversion
Common Stock
2012-05-15+62,975→ 99,479 total - Exercise/Conversion
Restricted Stock Units
2012-05-15−15,698.39→ 0 totalExercise: $0.00→ Common Stock (15,698.39 underlying)
Holdings
- 1,500(indirect: By Spouse)
Common Stock
- 35,995(indirect: By Trust)
Common Stock
Footnotes (7)
- [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 5,758 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]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.
- [F5]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F6]Per the terms of the reporting persons' separation from the Company, his restricted stock units have fully vested effective May, 15, 2012, relating to the 15,698.39 restricted stock units which were originally scheduled to vest on January 28, 2013.
- [F7]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 0001223771
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 5:07 PM ET
- Size
- 16.2 KB