CALLAWAY GOLF CO 4
4 · CALLAWAY GOLF CO · Filed May 28, 2015
Insider Transaction Report
Form 4
HOLIDAY BRADLEY J
Senior Executive VP & CFO
Transactions
- Exercise/Conversion
Common Stock
2015-05-27+18,242→ 88,621 total - Exercise/Conversion
Restricted Stock Units
2015-05-27−18,242.62→ 0 totalExercise: $0.00→ Common Stock (18,242.62 underlying) - Tax Payment
Common Stock
2015-05-27$9.56/sh−9,519$91,002→ 79,102 total
Footnotes (5)
- [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]These shares represent the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the vesting of the restricted stock units.
- [F4]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F5]Per the terms of the reporting persons' retirement from the Company, his restricted stock units have fully vested effective May 27, 2015, relating to the 18,242.62 restricted stock units which were originally scheduled to vest on February 1, 2016.