Lynch Brian P. bought MODG

February 6, 2024 · Form 4 insider transaction

Lynch Brian P. bought 231,959 shares of Callaway Golf Company at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Acquired (buy-side)
Shares
231,959
Price
$0.00
Total value
N/A
Role—
SecurityPerformance Stock Unit
Transaction codeA: Grant or award
Transaction dateFebruary 6, 2024
Filing dateFebruary 8, 2024
Shares owned after231,959
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of common stock, subject to the achievement of applicable performance criteria.; On March 8, 2021, the Reporting Person was granted PSUs, the vesting of which is subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria. Such PSUs converted to time-based units 50% of which will vest on the third anniversary of the grant date and 50% of which will vest on the fourth anniversary of the grant date, in each case subject to continued employment through such date.; Following vesting, the PSUs will become payable upon the earlier of (i) the reporting person's termination of continuous service or (ii) June 3, 2024.; Represents the aggregate number of PSUs originally granted on March 8, 2021, 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.

View the original Form 4 on SEC EDGAR