Filing Details

Accession Number:
0000899243-23-007551
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-08 16:41:49
Reporting Period:
2023-03-06
Accepted Time:
2023-03-08 16:41:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
837465 Topgolf Callaway Brands Corp. MODG Sporting & Athletic Goods, Nec (3949) 953797580
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1174968 J Erik Anderson 2180 Rutherford Road
Carlsbad CA 92008
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-03-06 20,000 $23.96 549,321 No 4 S Indirect By WestRiver Management, LLC
Common Stock Disposition 2023-03-07 2,737,484 $0.00 0 No 4 J Indirect By TGP Investors, LLC
Common Stock Disposition 2023-03-07 604,998 $0.00 0 No 4 J Indirect By TGP Investors II, LLC
Common Stock Disposition 2023-03-07 9,351 $0.00 0 No 4 J Indirect By TGP Advisors, LLC
Common Stock Acquisiton 2023-03-07 427,741 $0.00 977,062 No 4 J Indirect By WestRiver Management, LLC
Common Stock Disposition 2023-03-07 85,548 $23.02 891,514 No 4 J Indirect By WestRiver Management, LLC
Common Stock Disposition 2023-03-07 8,555 $0.00 882,959 No 4 J Indirect By WestRiver Management, LLC
Common Stock Acquisiton 2023-03-07 8,555 $0.00 20,092 No 4 J Direct
Common Stock Acquisiton 2023-03-07 5,151 $0.00 25,243 No 4 J Direct
Common Stock Acquisiton 2023-03-07 1,885 $0.00 40,476 No 4 J Indirect By Anderson Family Investments, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By WestRiver Management, LLC
No 4 J Indirect By TGP Investors, LLC
No 4 J Indirect By TGP Investors II, LLC
No 4 J Indirect By TGP Advisors, LLC
No 4 J Indirect By WestRiver Management, LLC
No 4 J Indirect By WestRiver Management, LLC
No 4 J Indirect By WestRiver Management, LLC
No 4 J Direct
No 4 J Direct
No 4 J Indirect By Anderson Family Investments, LLC
Footnotes
  1. Represents a pro-rata distribution in kind of shares of the Issuer's common stock held of record by TGP Investors, LLC ("TGP"), TGP Investors II, LLC ("TGP II"), TGP Manager, LLC ("TGP Manager"), and TGP Advisors, LLC ("TGP Advisors") to their respective members for no consideration ("Distribution-in-Kind") pursuant to such entities' organizational documents.
  2. WestRiver Management, LLC ("WestRiver Management") is the sole managing member of TGP Advisors and TGP Manager. TGP Manager is the sole managing member of TGP and TGP II and in such capacity is responsible for voting decisions with respect to certain matters regarding the Issuer's securities held by TGP and TGP II. The Reporting Person is the sole member and sole manager of WestRiver Management and the sole manager of Anderson Family Investments, LLC ("AFI"). As a result, the Reporting Person may be deemed to beneficially own the securities held of record by TGP, TGP II, TGP Advisors, TGP Manager, WestRiver Management and AFI. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.
  3. Represents shares of Issuer's common stock received in connection with the Distribution-in-Kind.
  4. Represents shares of the Issuer's common stock transferred to third party consultants as compensation pursuant to existing consulting arrangements between WestRiver Management and such consultants.
  5. Represents the closing price of the Issuer's common stock on the date the shares were transferred in the transactions described in note 4.
  6. The number of shares of the Issuer's common stock held directly by the Reporting Person reflects the transfer of 8,555 shares of the Issuer's common stock by the Reporting Person to his former spouse pursuant to the requirements of a domestic relations order, which is exempt under Rule 16a-12.