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Filing Details

Accession Number:: 0001387131-21-005780
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-05-18 11:10:20
Reporting Period:: 2021-05-17

Accepted Time:: 2021-05-18 11:10:20
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1672013	Acushnet Holdings Corp.	GOLF	Sporting & Athletic Goods, Nec (3949)	455644353

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1687273	Magnus Holdings Co., Ltd.	1077 Cheonho-Daero, Gangdong-Gu 18F Seoul M5 05340		Yes	No	Yes	No
1687274	Fila Holdings Corp.	1077 Cheonho-Daero, Gangdong-Gu 15F,16F,17F,18F Seoul M5 05340		Yes	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2021-05-17	650,000	$48.68	37,803,827	No	4	S	Indirect	See explanation of responses

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See explanation of responses

Footnotes

Represents shares sold by Magnus Holdings Co., Ltd. for liquidity purposes. Magnus Holdings Co., Ltd. has indicated to the Issuer that it currently plans to retain its majority stake in the Issuer and has entered into a lock-up agreement with the Issuer pursuant to which it has agreed to certain sale and transfer restrictions for a period of 30 days relating to its remaining shares of the Issuer's common stock, subject to certain exceptions.
Magnus Holdings Co., Ltd., directly holds 37,803,827 shares. The sole shareholder of Magnus Holdings Co., Ltd. is FILA Holdings Corp. Because of FILA Holdings Corp.'s relationship to Magnus Holdings Co., Ltd., FILA Holdings Corp. may be deemed to beneficially own the shares directly held by Magnus Holdings Co., Ltd.
Magnus Holdings Co., Ltd. and FILA Holdings Corp. (together, the "Reporting Persons") disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
Solely for the purposes of Section 16 of the Exchange Act, each of Magnus Holdings Co., Ltd. and FILA Holdings Corp. may be deemed a director-by-deputization by virtue of the fact that (i) Yoon Soo Yoon is the Chairman of the Board of Directors of Acushnet Holdings Corp. and the Chairman of FILA Holdings Corp., (ii) Keun Chang Yoon is a Director on the Board of Directors of Acushnet Holdings Corp. and is the President and Chief Executive Officer of FILA Holdings Corp. and (iii) Jennifer Estabrook is a Director on the Board of Directors of Acushnet Holdings Corp. and the President of Fila North America, an affiliate of FILA Holdings Corp.
As a result of their roles at FILA Holdings Corp., each of Yoon Soo Yoon and Keun Chang Yoon may be deemed to be the beneficial owner and have voting and dispositive power with respect to the shares directly held by Magnus Holdings Co., Ltd. Each of Yoon Soo Yoon and Keun Chang Yoon disclaims beneficial ownership over the shares held by Magnus Holdings Co., Ltd., except to the extent of his pecuniary interest therein.