<SEC-DOCUMENT>0001140361-21-032113.txt : 20210922
<SEC-HEADER>0001140361-21-032113.hdr.sgml : 20210922
<ACCEPTANCE-DATETIME>20210922170425
ACCESSION NUMBER:		0001140361-21-032113
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210920
FILED AS OF DATE:		20210922
DATE AS OF CHANGE:		20210922

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Dominguez Michael J
		CENTRAL INDEX KEY:			0001320307

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10962
		FILM NUMBER:		211270202

	MAIL ADDRESS:	
		STREET 1:		C/O PROVIDENCE EQUITY PARTNERS, INC.
		STREET 2:		50 KENNEDY PLAZA
		CITY:			PROVIDENCE
		STATE:			RI
		ZIP:			02903

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PEP TG Investments GP LLC
		CENTRAL INDEX KEY:			0001849690
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10962
		FILM NUMBER:		211270203

	BUSINESS ADDRESS:	
		STREET 1:		C/O PROVIDENCE EQUITY PARTNERS L.L.C.
		STREET 2:		50 KENNEDY PLAZA, 18TH FLOOR
		CITY:			PROVIDENCE
		STATE:			RI
		ZIP:			02903
		BUSINESS PHONE:		(401) 751-1700

	MAIL ADDRESS:	
		STREET 1:		C/O PROVIDENCE EQUITY PARTNERS L.L.C.
		STREET 2:		50 KENNEDY PLAZA, 18TH FLOOR
		CITY:			PROVIDENCE
		STATE:			RI
		ZIP:			02903

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PEP TG Investments LP
		CENTRAL INDEX KEY:			0001849588
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10962
		FILM NUMBER:		211270204

	BUSINESS ADDRESS:	
		STREET 1:		C/O PROVIDENCE EQUITY PARTNERS L.L.C.
		STREET 2:		50 KENNEDY PLAZA, 18TH FLOOR
		CITY:			PROVIDENCE
		STATE:			RI
		ZIP:			02903
		BUSINESS PHONE:		(401) 751-1700

	MAIL ADDRESS:	
		STREET 1:		C/O PROVIDENCE EQUITY PARTNERS L.L.C.
		STREET 2:		50 KENNEDY PLAZA, 18TH FLOOR
		CITY:			PROVIDENCE
		STATE:			RI
		ZIP:			02903

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CALLAWAY GOLF CO
		CENTRAL INDEX KEY:			0000837465
		STANDARD INDUSTRIAL CLASSIFICATION:	 [3949]
		IRS NUMBER:				953797580
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2180 RUTHERFORD RD
		CITY:			CARLSBAD
		STATE:			CA
		ZIP:			92008-8815
		BUSINESS PHONE:		7609311771

	MAIL ADDRESS:	
		STREET 1:		2180 RUTHERFORD ROAD
		CITY:			CARLSBAD
		STATE:			CA
		ZIP:			92008

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CALLAWAY GOLF
		DATE OF NAME CHANGE:	20070604

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CALLAWAY GOLF CO
		DATE OF NAME CHANGE:	20070604

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CALLAWAY GOLF CO /CA
		DATE OF NAME CHANGE:	19940222
</SEC-HEADER>
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<SEQUENCE>1
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<DESCRIPTION>FORM 4
<TEXT>
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<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2021-09-20</periodOfReport>

    <issuer>
        <issuerCik>0000837465</issuerCik>
        <issuerName>CALLAWAY GOLF CO</issuerName>
        <issuerTradingSymbol>ELY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001849588</rptOwnerCik>
            <rptOwnerName>PEP TG Investments LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PROVIDENCE EQUITY PARTNERS L.L.C.</rptOwnerStreet1>
            <rptOwnerStreet2>50 KENNEDY PLAZA, 18TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>PROVIDENCE</rptOwnerCity>
            <rptOwnerState>RI</rptOwnerState>
            <rptOwnerZipCode>02903</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isTenPercentOwner>true</isTenPercentOwner>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001849690</rptOwnerCik>
            <rptOwnerName>PEP TG Investments GP LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PROVIDENCE EQUITY PARTNERS L.L.C.</rptOwnerStreet1>
            <rptOwnerStreet2>50 KENNEDY PLAZA, 18TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>PROVIDENCE</rptOwnerCity>
            <rptOwnerState>RI</rptOwnerState>
            <rptOwnerZipCode>02903</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isTenPercentOwner>true</isTenPercentOwner>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001320307</rptOwnerCik>
            <rptOwnerName>Dominguez Michael J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PROVIDENCE EQUITY PARTNERS L.L.C.</rptOwnerStreet1>
            <rptOwnerStreet2>50 KENNEDY PLAZA, 18TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>PROVIDENCE</rptOwnerCity>
            <rptOwnerState>RI</rptOwnerState>
            <rptOwnerZipCode>02903</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isTenPercentOwner>true</isTenPercentOwner>
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    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common stock, par value $0.01 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2021-09-20</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>4600000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>27.64</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>24175226</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
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    <footnotes>
        <footnote id="F1">Represents shares of common stock (&quot;Common Stock&quot;) of Callaway Golf Company (the &quot;Issuer&quot;) sold in connection with a secondary offering of the Issuer's Common Stock by PEP TG Investments LP at a price of $27.64125 per share.</footnote>
        <footnote id="F2">This statement is being filed by the following Reporting Persons: PEP TG Investments LP, PEP TG Investments GP LLC and Michael Dominguez and represents shares of Common Stock directly held by PEP TG Investments LP.</footnote>
        <footnote id="F3">PEP TG Investments GP LLC is the sole general partner of PEP TG Investments LP. By virtue of such relationship, PEP TG Investments GP LLC has shared voting and investment control with respect to the securities held directly by PEP TG Investments LP, and may be deemed to indirectly beneficially own the securities directly held by PEP TG Investments LP.</footnote>
        <footnote id="F4">Michael Dominguez is the sole member of PEP TG Investments GP LLC. By virtue of such relationship, Michael Dominguez has shared voting and investment control with respect to the securities held directly by PEP TG Investments GP LLC, and may be deemed to indirectly beneficially own the securities directly held by PEP TG Investments LP.</footnote>
        <footnote id="F5">This report shall not be deemed an admission that PEP TG Investments GP LLC or Michael Dominguez is a beneficial owner of the securities held by PEP TG Investments LP, in each case for the purpose of Section 16 of the Exchange Act, or for any other purpose, except to the extent of their pecuniary interest therein, if any. Each of PEP TG Investments GP LLC and Michael Dominguez disclaims any beneficial ownership with respect to such securities, except to the extent of its respective pecuniary interest therein, if any.</footnote>
    </footnotes>

    <remarks>Exhibit 99.1 (Signatures and Joint Filer Information) is incorporated herein by reference.</remarks>

    <ownerSignature>
        <signatureName>PEP TG INVESTMENTS LP, by: PEP TG Investments GP LLC, by: Michael Dominguez
/s/ Michael Dominguez</signatureName>
        <signatureDate>2021-09-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>brhc10029167_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <div style="text-align: right; color: rgb(0, 0, 0); font-weight: bold;"><u>Exhibit 99.1</u></div>
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      </u></div>
    <div style="text-align: center; margin-left: 9.35pt; font-weight: bold;"><u>Joint Filer Information</u></div>
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            <div>Name of Joint Filer:</div>
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            <div>PEP TG INVESTMENTS GP LLC</div>
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            <div>Address of Joint Filer:</div>
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            <div>c/o Providence Equity Partners L.L.C.</div>
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          <td style="width: 46.24%; vertical-align: top;">&#160;</td>
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            <div>50 Kennedy Plaza, 18th Floor</div>
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            <div>Providence, RI 02903</div>
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        </tr>
        <tr>
          <td style="width: 46.24%; vertical-align: top;">&#160;</td>
          <td style="width: 53.76%; vertical-align: top;">&#160;</td>
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          <td style="width: 46.24%; vertical-align: top;">
            <div>Relationship of Joint Filer to Issuer:</div>
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          <td style="width: 53.76%; vertical-align: top;">
            <div>10% Owner</div>
          </td>
        </tr>
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          <td style="width: 46.24%; vertical-align: top;">&#160;</td>
          <td style="width: 53.76%; vertical-align: top;">&#160;</td>
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          <td style="width: 46.24%; vertical-align: top;">
            <div>Issuer Name and Ticker or Trading Symbol:</div>
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          <td style="width: 53.76%; vertical-align: top;">
            <div>Callaway Golf Company [ELY]</div>
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        <tr>
          <td style="width: 46.24%; vertical-align: top;">&#160;</td>
          <td style="width: 53.76%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 46.24%; vertical-align: top;">
            <div>Date of Event</div>
          </td>
          <td style="width: 53.76%; vertical-align: top;">&#160;</td>
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          <td style="width: 46.24%; vertical-align: top;">
            <div>Requiring Statement (Month/Day/Year):</div>
          </td>
          <td style="width: 53.76%; vertical-align: top;">
            <div>September 20, 2021</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46.24%; vertical-align: top;">&#160;</td>
          <td style="width: 53.76%; vertical-align: top;">&#160;</td>
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          <td style="width: 46.24%; vertical-align: top;">
            <div>Designated Filer:</div>
          </td>
          <td style="width: 53.76%; vertical-align: top;">
            <div>PEP TG Investments LP</div>
          </td>
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    <div><br>
    </div>
    <div style="font-weight: bold;">Signature:</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">PEP TG INVESTMENTS GP LLC</div>
    <div><br>
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            <div><br>
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          <td style="width: 62%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>/s/ Michael Dominguez</div>
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          <td colspan="1" style="width: 30%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
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          <td style="width: 4%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: top;">
            <div>Name: Michael Dominguez</div>
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          <td colspan="1" style="vertical-align: top; width: 30%;">&#160;</td>
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          <td style="width: 4%; vertical-align: top;">&#160;</td>
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            <div>Title: Authorized Signatory</div>
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          <td colspan="1" style="vertical-align: top; width: 30%;">&#160;</td>
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    <div><br>
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    <div>Date:&#160; September 22, 2021</div>
    <div> <br>
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            <div>Name of Joint Filer:</div>
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            <div>MICHAEL DOMINGUEZ</div>
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          <td style="width: 46.24%; vertical-align: top;">
            <div>Address of Joint Filer:</div>
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            <div>c/o Providence Equity Partners L.L.C.</div>
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          <td style="width: 46.24%; vertical-align: top;">&#160;</td>
          <td style="width: 53.76%; vertical-align: top;">
            <div>50 Kennedy Plaza, 18th Floor</div>
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            <div>Providence, RI 02903</div>
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          <td style="width: 46.24%; vertical-align: top;">&#160;</td>
          <td style="width: 53.76%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 46.24%; vertical-align: top;">
            <div>Relationship of Joint Filer to Issuer:</div>
          </td>
          <td style="width: 53.76%; vertical-align: top;">
            <div>10% Owner</div>
          </td>
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          <td style="width: 46.24%; vertical-align: top;">&#160;</td>
          <td style="width: 53.76%; vertical-align: top;">&#160;</td>
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          <td style="width: 46.24%; vertical-align: top;">
            <div>Issuer Name and Ticker or Trading Symbol:</div>
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          <td style="width: 53.76%; vertical-align: top;">
            <div>Callaway Golf Company [ELY]</div>
          </td>
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        <tr>
          <td style="width: 46.24%; vertical-align: top;">&#160;</td>
          <td style="width: 53.76%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 46.24%; vertical-align: top;">
            <div>Date of Event</div>
          </td>
          <td style="width: 53.76%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 46.24%; vertical-align: top;">
            <div>Requiring Statement (Month/Day/Year):</div>
          </td>
          <td style="width: 53.76%; vertical-align: top;">
            <div>September 20, 2021</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46.24%; vertical-align: top;">&#160;</td>
          <td style="width: 53.76%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 46.24%; vertical-align: top;">
            <div>Designated Filer:</div>
          </td>
          <td style="width: 53.76%; vertical-align: top;">
            <div>PEP TG Investments LP</div>
          </td>
        </tr>
        <tr>
          <td style="width: 46.24%; vertical-align: top;">&#160;</td>
          <td style="width: 53.76%; vertical-align: top;">&#160;</td>
        </tr>

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    <div style="font-weight: bold;"> <br>
    </div>
    <div style="font-weight: bold;">Signature:</div>
    <div><br>
    </div>
    <div style="font-weight: bold;">MICHAEL DOMINGUEZ</div>
    <div style="font-weight: bold;"> <br>
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                <div style="text-align: left;">/s/ Michael Dominguez</div>
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            <td colspan="1" style="width: 30%; padding-bottom: 2px;">&#160;</td>
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    <div style="margin-left: 9.35pt;"> <br>
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    <div>Date:&#160; September 22, 2021</div>
    <div><br>
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    <div><br>
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