CALLAWAY GOLF CO 4
4 · CALLAWAY GOLF CO · Filed Jan 29, 2014
Insider Transaction Report
Form 4
Richards Leighton Edwin
MD, S.E. Asia & South Pacific
Transactions
- Exercise/Conversion
Common Stock
2014-01-27+6,658→ 10,034 total - Exercise/Conversion
Phantom Stock Units
2014-01-27−6,658→ 0 totalFrom: 2014-01-27Exp: 2014-01-27→ Common Stock (6,658 underlying) - Disposition to Issuer
Common Stock
2014-01-27$8.85/sh−6,658$58,923→ 3,376 total
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]The reporting person is the holder of 9,964 other Phantom Stock Units which are scheduled to vest on January 27, 2015.