Flannery Joseph B. 4
4 · Topgolf Callaway Brands Corp. · Filed Feb 23, 2023
Insider Transaction Report
Form 4
Flannery Joseph B.
EVP, Apparel & Soft Goods
Transactions
- Tax Payment
Common Stock
2023-02-21$23.33/sh−1,199$27,973→ 26,955 total - Exercise/Conversion
Performance Stock Unit
2023-02-21−12,708→ 0 total→ Common Stock (12,708 underlying) - Exercise/Conversion
Common Stock
2023-02-21+6,710→ 31,403 total - Tax Payment
Common Stock
2023-02-21$23.33/sh−6,716$156,684→ 24,687 total - Exercise/Conversion
Common Stock
2023-02-21+3,467→ 28,154 total - Exercise/Conversion
Performance Stock Unit
2023-02-21−6,710→ 0 total→ Common Stock (6,710 underlying) - Award
Restricted Stock Units
2023-02-22+12,132→ 12,132 total→ Common Stock (12,132 underlying) - Exercise/Conversion
Common Stock
2023-02-21+12,708→ 24,693 total - Exercise/Conversion
Restricted Stock Units
2023-02-21−3,467.04→ 0 total→ Common Stock (3,467.04 underlying)
Footnotes (8)
- [F1]Performance Stock Units ("PSUs")/Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the PSU/RSU vesting.
- [F3]Represents the aggregate number of PSUs originally granted on February 21, 2020, the vesting of which was subject to the achievement of certain performance criteria, that have been earned as a result of the achievement of the applicable performance criteria. All of such shares have fully vested as of February 21, 2023.
- [F4]Represents the aggregate number of PSUs originally granted on February 21, 2020, the vesting of which was subject to the achievement of certain rTSR performance criteria, that have been earned as a result of the achievement of the applicable rTSR performance criteria. All of such shares have fully vested as of February 21, 2023.
- [F5]The RSUs were granted on February 21, 2020 and vest in three equal annual installments beginning on the first anniversary of the grant date. Therefore these RSUs have fully vested as of February 21, 2023.
- [F6]Represents only the RSUs granted on February 21, 2020 and does not include RSUs with different vesting terms.
- [F7]These RSUs are scheduled to vest as follows: 1/3 of the RSUs vest on February 22, 2024; 1/3 of the RSUs vest on February 22, 2025; and 1/3 of the RSUs vest on February 22, 2026.
- [F8]Represents only the RSUs granted on February 22, 2023 and does not include RSUs with different vesting terms.