Statement of Changes in Beneficial Ownership (4)

FORM 4 [X] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* WestRiver Management, LLC	2. Issuer Name and Ticker or Trading Symbol CALLAWAY GOLF CO [ ELY ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle) 920 5TH AVE, STE 3450	3. Date of Earliest Transaction (MM/DD/YYYY) 3/16/2021
(Street) SEATTLE, WA 98104 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	3/16/2021		J⁽¹⁾		1746143	D	$0.00	13002342	I	By TGP Investors, LLC ⁽²⁾
Common Stock	3/16/2021		J⁽¹⁾		1061962	D	$0.00	4989377	I	By TGP Investors II, LLC ⁽²⁾
Common Stock								37405	I	By TGP Advisors, LLC ⁽²⁾

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:
(1)	Represents a pro-rata distribution in kind of shares of the Issuer's common stock held of record by TGP Investors, LLC and TGP Investors II, LLC to their respective members for no consideration pursuant to such entities' organizational documents.
(2)	WestRiver Management, LLC is the sole managing member of TGP Advisors, LLC and TGP Manager, LLC. TGP Manager, LLC is the sole managing member of TGP Investors, LLC ("TGP") and TGP Investors II, LLC ("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. Erik Anderson is the sole member of WestRiver Management, LLC. As a result, each of the Reporting Persons may be deemed to beneficially own the securities held of record by TGP Advisors, LLC, TGP and TGP II. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.

Remarks:
Erik J Anderson has separately filed a Form 4 with respect to the securities reported herein

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
WestRiver Management, LLC 920 5TH AVE, STE 3450 SEATTLE, WA 98104		X
TGP Advisors, LLC 920 5TH AVE, STE 3450 SEATTLE, WA 98104		X
TGP Manager, LLC 920 5TH AVE, STE 3450 SEATTLE, WA 98104		X
TGP INVESTORS, LLC 920 5TH AVE, STE 3450 SEATTLE, WA 98104		X
TGP INVESTORS II, LLC 920 5TH AVE, STE 3450 SEATTLE, WA 98104		X

Signatures
WestRiver Management, LLC, By: /s/ Erik J. Anderson, Manager		3/18/2021
^**Signature of Reporting Person		Date
TGP Advisors, LLC, By: WestRiver Management, LLC, its sole managing member, By: /s/ Erik J. Anderson, Manager		3/18/2021
^**Signature of Reporting Person		Date
TGP Manager, LLC, By: WestRiver Management, LLC, its sole managing member, By: /s/ Erik J. Anderson, Manager		3/18/2021
^**Signature of Reporting Person		Date
TGP Investors, LLC, By: TGP Manager, LLC, its sole managing member, By: WestRiver Management, LLC, its sole managing member, By: /s/ Erik J. Anderson, Manager		3/18/2021
^**Signature of Reporting Person		Date
TGP Investors II, LLC, By: TGP Manager, LLC, its sole managing member, By: WestRiver Management, LLC, its sole managing member, By: /s/ Erik J. Anderson, Manager		3/18/2021
^**Signature of Reporting Person		Date