BEARD RONALD S 4
4 · CALLAWAY GOLF CO · Filed May 4, 2018
Insider Transaction Report
Form 4
BEARD RONALD S
Director
Transactions
- Exercise/Conversion
Common Stock
2018-05-02+8,645→ 81,870 total - Exercise/Conversion
Restricted Stock Units
2018-05-02−8,645.41→ 0 total→ Common Stock (8,645.41 underlying)
Footnotes (5)
- [F1]Represents the number of shares of common stock issued upon the vesting of a restricted stock unit ("RSU") plus the number of shares of common stock accrued with respect to such vested portion of the RSU as a result of dividend equivalent rights paid by the Company pursuant to the terms of the award, less fractional shares, which were paid in cash upon settlement.
- [F2]RSUs convert into common stock on a one-for-one basis.
- [F3]Represents the number of shares of common stock issued upon the vesting of an RSU plus the number of shares of common stock accrued with respect to such vested portion of the RSU as a result of dividend equivalent rights paid by the Company pursuant to the terms of the award.
- [F4]The RSUs were granted on May 2, 2017 and vested on the first anniversary of the grant date.
- [F5]Represents only the RSUs granted on May 2, 2017 and does not include other RSUs with different vesting terms.