Lynch Brian P.

SEC source: 0001209191-18-008563 · doc4.xml · nonDerivative · entry 4

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,510

F3 · shares: Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting.

SEC source: 0001209191-18-008563 · doc4.xml · nonDerivative · entry 3

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 60,763

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents the number of shares of common stock issued upon the vesting of restricted stock units ("RSUs") plus the number of shares of common stock accrued with respect to such vested portion of the RSUs as a result of dividend equivalent rights paid by the Company pursuant to the terms of the award. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F2 · price: RSUs convert into common stock on a one-for-one basis.

SEC source: 0001209191-18-008563 · doc4.xml · derivative · entry 5

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,320.84

Underlying: Common Stock · 4,660.42 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: RSUs convert into common stock on a one-for-one basis.

F1 · shares: Represents the number of shares of common stock issued upon the vesting of restricted stock units ("RSUs") plus the number of shares of common stock accrued with respect to such vested portion of the RSUs as a result of dividend equivalent rights paid by the Company pursuant to the terms of the award. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F4 · derivative.exercise_date: The RSUs were granted on February 6, 2017 and vest in three equal annual installments beginning on the first anniversary of the grant date.

F4 · derivative.expiration_date: The RSUs were granted on February 6, 2017 and vest in three equal annual installments beginning on the first anniversary of the grant date.

F5 · balance_after: Represents only the RSUs granted on February 6, 2017 and does not include other RSUs with different vesting terms.

SEC source: 0001209191-18-008563 · doc4.xml · nonDerivative · entry 2

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,736

F3 · shares: Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting.

SEC source: 0001209191-18-008563 · doc4.xml · nonDerivative · entry 1

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,252

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents the number of shares of common stock issued upon the vesting of restricted stock units ("RSUs") plus the number of shares of common stock accrued with respect to such vested portion of the RSUs as a result of dividend equivalent rights paid by the Company pursuant to the terms of the award. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F2 · price: RSUs convert into common stock on a one-for-one basis.

SEC source: 0001209191-18-007190 · doc4.xml · derivative · entry 6

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 23,402.15 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: RSUs/PSUs convert into common stock on a one-for-one basis.

F4 · shares: Represents the number of shares of common stock issued upon the vesting of a performance stock unit ("PSU"). The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F7 · derivative.exercise_date: On February 2, 2015, the reporting person was granted PSUs the vesting of which was subject to the achievement of certain performance criteria. On January 18, 2016, the Compensation and Management Succession Committee of the Board of Directors determined that the performance criteria were achieved with respect to the number of PSUs reported in this row. These PSUs were then eligible to vest in full on the third anniversary of the grant date provided the reporting person remained employed by the Company.

F7 · derivative.expiration_date: On February 2, 2015, the reporting person was granted PSUs the vesting of which was subject to the achievement of certain performance criteria. On January 18, 2016, the Compensation and Management Succession Committee of the Board of Directors determined that the performance criteria were achieved with respect to the number of PSUs reported in this row. These PSUs were then eligible to vest in full on the third anniversary of the grant date provided the reporting person remained employed by the Company.

F8 · balance_after: Represents only the PSUs granted on February 2, 2015 and does not include other PSUs with different vesting terms.

SEC source: 0001209191-18-007190 · doc4.xml · derivative · entry 5

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 4,957.82 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: RSUs/PSUs convert into common stock on a one-for-one basis.

F1 · shares: 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. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F5 · derivative.exercise_date: The RSUs were granted on February 2, 2015. They vest in full on the third anniversary of the grant date.

F5 · derivative.expiration_date: The RSUs were granted on February 2, 2015. They vest in full on the third anniversary of the grant date.

F6 · balance_after: Represents only the RSUs granted on February 2, 2015 and does not include other RSUs with different vesting terms.

SEC source: 0001209191-18-007190 · doc4.xml · nonDerivative · entry 4

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,592

F3 · shares: Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU/PSU vesting.

SEC source: 0001209191-18-007190 · doc4.xml · nonDerivative · entry 3

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 65,590

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · shares: Represents the number of shares of common stock issued upon the vesting of a performance stock unit ("PSU"). The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F2 · price: RSUs/PSUs convert into common stock on a one-for-one basis.

SEC source: 0001209191-18-007190 · doc4.xml · nonDerivative · entry 2

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,188

F3 · shares: Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU/PSU vesting.

SEC source: 0001209191-18-007190 · doc4.xml · nonDerivative · entry 1

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,864

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F2 · price: RSUs/PSUs convert into common stock on a one-for-one basis.

SEC source: 0001209191-18-006561 · doc4.xml · derivative · entry 2

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,517

Underlying: Common Stock · 8,518 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Performance Stock Unit represents a contingent right to receive one share of common stock, subject to the achievement of applicable performance criteria.

F4 · date: The Reporting Person was granted a total of 17,035 target Performance Stock Units ("PSUs") on February 6, 2017, the vesting of which are subject to the achievement of certain performance criteria. The Reporting Person may be eligible to vest in up to 200% of such target PSUs during the three year period ending December 31, 2019. On January 31, 2018, the Compensation and Management Succession Committee of the Board of Directors determined that 50% of the target award was deemed to be achieved under the terms of the PSUs as a result of the Company's performance during 2017. As a result, 8,518 of the PSUs converted to time-based units that will vest on the third anniversary of the grant date provided the recipient remains employed by Callaway Golf Company through such date. The Reporting Person remains eligible to vest in the remaining PSUs subject to the original award subject to the achievement of certain performance criteria.

F4 · derivative.exercise_date: The Reporting Person was granted a total of 17,035 target Performance Stock Units ("PSUs") on February 6, 2017, the vesting of which are subject to the achievement of certain performance criteria. The Reporting Person may be eligible to vest in up to 200% of such target PSUs during the three year period ending December 31, 2019. On January 31, 2018, the Compensation and Management Succession Committee of the Board of Directors determined that 50% of the target award was deemed to be achieved under the terms of the PSUs as a result of the Company's performance during 2017. As a result, 8,518 of the PSUs converted to time-based units that will vest on the third anniversary of the grant date provided the recipient remains employed by Callaway Golf Company through such date. The Reporting Person remains eligible to vest in the remaining PSUs subject to the original award subject to the achievement of certain performance criteria.

F4 · derivative.expiration_date: The Reporting Person was granted a total of 17,035 target Performance Stock Units ("PSUs") on February 6, 2017, the vesting of which are subject to the achievement of certain performance criteria. The Reporting Person may be eligible to vest in up to 200% of such target PSUs during the three year period ending December 31, 2019. On January 31, 2018, the Compensation and Management Succession Committee of the Board of Directors determined that 50% of the target award was deemed to be achieved under the terms of the PSUs as a result of the Company's performance during 2017. As a result, 8,518 of the PSUs converted to time-based units that will vest on the third anniversary of the grant date provided the recipient remains employed by Callaway Golf Company through such date. The Reporting Person remains eligible to vest in the remaining PSUs subject to the original award subject to the achievement of certain performance criteria.

F5 · balance_after: Represents only that portion of the PSUs originally granted on February 6, 2017 for which the performance criteria was achieved on January 31, 2018, and does not include the other PSUs originally granted on such date or any other PSUs with different grant dates or vesting terms.

SEC source: 0001209191-18-006561 · doc4.xml · derivative · entry 1

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,560

Underlying: Common Stock · 6,585 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Performance Stock Unit represents a contingent right to receive one share of common stock, subject to the achievement of applicable performance criteria.

F2 · date: The Reporting Person was granted a total of 21,950 target Performance Stock Units ("PSUs") on February 8, 2016, the vesting of which are subject to the achievement of certain performance criteria. The Reporting Person may be eligible to vest in up to 200% of such target PSUs during the three year period ending December 31, 2018. On January 31, 2018, the Compensation and Management Succession Committee of the Board of Directors determined that 80% of the target award was deemed to be achieved under the terms of the PSUs as a result of the Company's performance during 2017. As a result, 6,585 of the PSUs converted to time-based units that will vest on the third anniversary of the grant date provided the recipient remains employed by Callaway Golf Company through such date. The Reporting Person remains eligible to vest in the remaining PSUs subject to the original award subject to the achievement of certain performance criteria.

F2 · derivative.exercise_date: The Reporting Person was granted a total of 21,950 target Performance Stock Units ("PSUs") on February 8, 2016, the vesting of which are subject to the achievement of certain performance criteria. The Reporting Person may be eligible to vest in up to 200% of such target PSUs during the three year period ending December 31, 2018. On January 31, 2018, the Compensation and Management Succession Committee of the Board of Directors determined that 80% of the target award was deemed to be achieved under the terms of the PSUs as a result of the Company's performance during 2017. As a result, 6,585 of the PSUs converted to time-based units that will vest on the third anniversary of the grant date provided the recipient remains employed by Callaway Golf Company through such date. The Reporting Person remains eligible to vest in the remaining PSUs subject to the original award subject to the achievement of certain performance criteria.

F2 · derivative.expiration_date: The Reporting Person was granted a total of 21,950 target Performance Stock Units ("PSUs") on February 8, 2016, the vesting of which are subject to the achievement of certain performance criteria. The Reporting Person may be eligible to vest in up to 200% of such target PSUs during the three year period ending December 31, 2018. On January 31, 2018, the Compensation and Management Succession Committee of the Board of Directors determined that 80% of the target award was deemed to be achieved under the terms of the PSUs as a result of the Company's performance during 2017. As a result, 6,585 of the PSUs converted to time-based units that will vest on the third anniversary of the grant date provided the recipient remains employed by Callaway Golf Company through such date. The Reporting Person remains eligible to vest in the remaining PSUs subject to the original award subject to the achievement of certain performance criteria.

F3 · balance_after: Represents only that portion of the PSUs originally granted on February 8, 2016 for which the performance criteria was achieved on January 18, 2017 and January 31, 2018, and does not include the other PSUs originally granted on such date or any other PSUs with different grant dates or vesting terms.

SEC source: 0001209191-17-058221 · doc4.xml · derivative · entry 3

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 6,277 shares

Expires 2018-01-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-17-058221 · doc4.xml · nonDerivative · entry 2

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,907

F1 · shares: The reported transactions occurred pursuant to the terms of a trading plan agreement entered into on August 29, 2017. The trading plan agreement is intended to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934.

SEC source: 0001209191-17-058221 · doc4.xml · nonDerivative · entry 1

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,184

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: The reported transactions occurred pursuant to the terms of a trading plan agreement entered into on August 29, 2017. The trading plan agreement is intended to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934.

SEC source: 0001209191-17-047518 · doc4.xml · derivative · entry 1

Lynch Brian P. · CIK 0001551277 · SVP, CF0, GC & Corp. Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,094

Underlying: Common Stock · 39,094 shares

Expires 2022-08-01

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock.

F2 · balance_after: Represents only the restricted stock units granted on August 1, 2017 and does not include restricted stock units with different vesting terms.

SEC source: 0001209191-17-024255 · doc4.xml · derivative · entry 6

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 4,305.31 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: RSUs/PSUs convert into common stock on a one-for-one basis.

F4 · shares: Represents the number of shares of common stock issued upon the vesting of a performance stock unit ("PSU"). The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F7 · derivative.exercise_date: On April 1, 2014, the reporting person was granted PSUs the vesting of which was subject to the achievement of certain performance criteria. On January 15, 2015, the Compensation and Management Succession Committee of the Board of Directors determined that the performance criteria were achieved with respect to the number of PSUs reported in this row. These PSUs vested in full on the third anniversary of the grant date.

F7 · derivative.expiration_date: On April 1, 2014, the reporting person was granted PSUs the vesting of which was subject to the achievement of certain performance criteria. On January 15, 2015, the Compensation and Management Succession Committee of the Board of Directors determined that the performance criteria were achieved with respect to the number of PSUs reported in this row. These PSUs vested in full on the third anniversary of the grant date.

F8 · balance_after: Represents only the PSUs granted on April 1, 2014 and does not include other PSUs with different vesting terms.

SEC source: 0001209191-17-024255 · doc4.xml · derivative · entry 5

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 2,714.27 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: RSUs/PSUs convert into common stock on a one-for-one basis.

F1 · shares: 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. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F5 · derivative.exercise_date: The RSUs were granted on April 1, 2014. They vested in full on the third anniversary of the grant date.

F5 · derivative.expiration_date: The RSUs were granted on April 1, 2014. They vested in full on the third anniversary of the grant date.

F6 · balance_after: Represents only the RSUs granted on April 1, 2014 and does not include other RSUs with different vesting terms.

SEC source: 0001209191-17-024255 · doc4.xml · nonDerivative · entry 4

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,907

F3 · shares: Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU/PSU vesting.

SEC source: 0001209191-17-024255 · doc4.xml · nonDerivative · entry 3

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,343

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · shares: Represents the number of shares of common stock issued upon the vesting of a performance stock unit ("PSU"). The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F2 · price: RSUs/PSUs convert into common stock on a one-for-one basis.

SEC source: 0001209191-17-024255 · doc4.xml · nonDerivative · entry 2

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,038

F3 · shares: Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU/PSU vesting.

SEC source: 0001209191-17-024255 · doc4.xml · nonDerivative · entry 1

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,574

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F2 · price: RSUs/PSUs convert into common stock on a one-for-one basis.

SEC source: 0001209191-17-009733 · doc4.xml · derivative · entry 3

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,018.5

Underlying: Common Stock · 6,010.25 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: RSUs convert into common stock on a one-for-one basis.

F1 · shares: 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. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F4 · derivative.exercise_date: The RSUs were granted on February 8, 2016 and vest in three equal annual installments beginning on the first anniversary of the grant date.

F4 · derivative.expiration_date: The RSUs were granted on February 8, 2016 and vest in three equal annual installments beginning on the first anniversary of the grant date.

F5 · balance_after: Represents only the RSUs granted on February 8, 2016 and does not include other RSUs with different vesting terms.

SEC source: 0001209191-17-009733 · doc4.xml · nonDerivative · entry 2

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,860

F3 · shares: Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting.

SEC source: 0001209191-17-009733 · doc4.xml · nonDerivative · entry 1

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,261

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F2 · price: RSUs convert into common stock on a one-for-one basis.

SEC source: 0001209191-17-008902 · doc4.xml · derivative · entry 1

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,938

Underlying: Common Stock · 13,938 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock.

F2 · derivative.exercise_date: These restricted stock units are scheduled to vest as follows: 1/3 of the restricted stock units vest on February 6, 2018; 1/3 of the restricted stock units vest on February 6, 2019; and 1/3 of the restricted stock units vest on February 6, 2020.

F2 · derivative.expiration_date: These restricted stock units are scheduled to vest as follows: 1/3 of the restricted stock units vest on February 6, 2018; 1/3 of the restricted stock units vest on February 6, 2019; and 1/3 of the restricted stock units vest on February 6, 2020.

F3 · balance_after: Represents only the restricted stock units granted on February 6, 2017 and does not include restricted stock units with different vesting terms.

SEC source: 0001209191-17-007669 · doc4.xml · derivative · entry 3

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,942.48

Underlying: Common Stock · 4,942.48 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: RSUs convert into common stock on a one-for-one basis.

F1 · shares: 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. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F4 · derivative.exercise_date: The RSUs were granted on February 2, 2015 and vest in three equal annual installments beginning on the first anniversary of the grant date.

F4 · derivative.expiration_date: The RSUs were granted on February 2, 2015 and vest in three equal annual installments beginning on the first anniversary of the grant date.

F5 · balance_after: Represents only the RSUs granted on February 2, 2015 and does not include other RSUs with different vesting terms.

SEC source: 0001209191-17-007669 · doc4.xml · nonDerivative · entry 2

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,251

F3 · shares: Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting.

SEC source: 0001209191-17-007669 · doc4.xml · nonDerivative · entry 1

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,047

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F2 · price: RSUs convert into common stock on a one-for-one basis.

SEC source: 0001209191-17-007269 · doc4.xml · derivative · entry 6

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 17,219.93 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: RSUs/PSUs convert into common stock on a one-for-one basis.

F4 · shares: Represents the number of shares of common stock issued upon the vesting of a performance stock unit ("PSU"). The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F7 · derivative.exercise_date: On January 31, 2014, the reporting person was granted PSUs the vesting of which was subject to the achievement of certain performance criteria. On January 15, 2015, the Compensation and Management Succession Committee of the Board of Directors determined that the performance criteria were achieved with respect to the number of PSUs reported in this row. These PSUs were then eligible to vest in full on the third anniversary of the grant date.

F7 · derivative.expiration_date: On January 31, 2014, the reporting person was granted PSUs the vesting of which was subject to the achievement of certain performance criteria. On January 15, 2015, the Compensation and Management Succession Committee of the Board of Directors determined that the performance criteria were achieved with respect to the number of PSUs reported in this row. These PSUs were then eligible to vest in full on the third anniversary of the grant date.

F8 · balance_after: Represents only the PSUs granted on January 31, 2014 and does not include other PSUs with different vesting terms.

SEC source: 0001209191-17-007269 · doc4.xml · derivative · entry 5

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 10,857.34 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: RSUs/PSUs convert into common stock on a one-for-one basis.

F1 · shares: 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. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F5 · derivative.exercise_date: The RSUs were granted on January 31, 2014. They vest in full on the third anniversary of the grant date.

F5 · derivative.expiration_date: The RSUs were granted on January 31, 2014. They vest in full on the third anniversary of the grant date.

F6 · balance_after: Represents only the RSUs granted on January 31, 2014 and does not include other RSUs with different vesting terms.

SEC source: 0001209191-17-007269 · doc4.xml · nonDerivative · entry 4

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,105

F3 · shares: Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU/PSU vesting.

SEC source: 0001209191-17-007269 · doc4.xml · nonDerivative · entry 3

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,808

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · shares: Represents the number of shares of common stock issued upon the vesting of a performance stock unit ("PSU"). The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F2 · price: RSUs/PSUs convert into common stock on a one-for-one basis.

SEC source: 0001209191-17-007269 · doc4.xml · nonDerivative · entry 2

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,589

F3 · shares: Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU/PSU vesting.

SEC source: 0001209191-17-004963 · doc4.xml · derivative · entry 1

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,975

Underlying: Common Stock · 10,975 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Performance Stock Unit represents a contingent right to receive one share of common stock, subject to the achievement of applicable performance criteria.

F2 · date: The Reporting Person was granted a total of 21,950 "target" Performance Stock Units ("PSUs") on February 8, 2016, the vesting of which are subject to the achievement of certain performance criteria. The Reporting Person may be eligible to vest in up to 200% of such "target" PSUs during the three year period ending December 31, 2018. On January 18, 2017, the Compensation and Management Succession Committee of the Board of Directors determined that 50% of the "target" award was deemed to be achieved under the terms of the PSUs as a result of the Company's performance during 2016. As a result, 10,975 of the PSUs converted to time-based units that will vest on the third anniversary of the grant date provided the recipient remains employed by Callaway Golf Company through such date. The Reporting Person remains eligible to vest in the remaining PSUs subject to the original award subject to the achievement of certain performance criteria.

F2 · derivative.exercise_date: The Reporting Person was granted a total of 21,950 "target" Performance Stock Units ("PSUs") on February 8, 2016, the vesting of which are subject to the achievement of certain performance criteria. The Reporting Person may be eligible to vest in up to 200% of such "target" PSUs during the three year period ending December 31, 2018. On January 18, 2017, the Compensation and Management Succession Committee of the Board of Directors determined that 50% of the "target" award was deemed to be achieved under the terms of the PSUs as a result of the Company's performance during 2016. As a result, 10,975 of the PSUs converted to time-based units that will vest on the third anniversary of the grant date provided the recipient remains employed by Callaway Golf Company through such date. The Reporting Person remains eligible to vest in the remaining PSUs subject to the original award subject to the achievement of certain performance criteria.

F2 · derivative.expiration_date: The Reporting Person was granted a total of 21,950 "target" Performance Stock Units ("PSUs") on February 8, 2016, the vesting of which are subject to the achievement of certain performance criteria. The Reporting Person may be eligible to vest in up to 200% of such "target" PSUs during the three year period ending December 31, 2018. On January 18, 2017, the Compensation and Management Succession Committee of the Board of Directors determined that 50% of the "target" award was deemed to be achieved under the terms of the PSUs as a result of the Company's performance during 2016. As a result, 10,975 of the PSUs converted to time-based units that will vest on the third anniversary of the grant date provided the recipient remains employed by Callaway Golf Company through such date. The Reporting Person remains eligible to vest in the remaining PSUs subject to the original award subject to the achievement of certain performance criteria.

F3 · balance_after: Represents only that portion of the PSUs originally granted on February 8, 2016 for which the performance criteria was achieved on January 18, 2017, and does not include the other PSUs originally granted on such date or any other PSUs with different grant dates or vesting terms.

SEC source: 0001209191-17-007269 · doc4.xml · nonDerivative · entry 1

Lynch Brian P. · CIK 0001551277 · SVP, G.C. & Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,248

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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. The number of shares reported on Table 1 does not include the fractional shares, which were paid in cash upon settlement.

F2 · price: RSUs/PSUs convert into common stock on a one-for-one basis.