<SEC-DOCUMENT>0001387131-22-000681.txt : 20220125
<SEC-HEADER>0001387131-22-000681.hdr.sgml : 20220125
<ACCEPTANCE-DATETIME>20220125161756
ACCESSION NUMBER:		0001387131-22-000681
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220124
FILED AS OF DATE:		20220125
DATE AS OF CHANGE:		20220125

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Magnus Holdings Co., Ltd.
		CENTRAL INDEX KEY:			0001687273
		STATE OF INCORPORATION:			M5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37935
		FILM NUMBER:		22554114

	BUSINESS ADDRESS:	
		STREET 1:		1077 CHEONHO-DAERO, GANGDONG-GU
		STREET 2:		18F
		CITY:			SEOUL
		STATE:			M5
		ZIP:			05340
		BUSINESS PHONE:		82234709503

	MAIL ADDRESS:	
		STREET 1:		1077 CHEONHO-DAERO, GANGDONG-GU
		STREET 2:		18F
		CITY:			SEOUL
		STATE:			M5
		ZIP:			05340

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FILA Holdings Corp.
		CENTRAL INDEX KEY:			0001687274
		STATE OF INCORPORATION:			M5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37935
		FILM NUMBER:		22554115

	BUSINESS ADDRESS:	
		STREET 1:		1077 CHEONHO-DAERO, GANGDONG-GU
		STREET 2:		15F,16F,17F,18F
		CITY:			SEOUL
		STATE:			M5
		ZIP:			05340
		BUSINESS PHONE:		82234709503

	MAIL ADDRESS:	
		STREET 1:		1077 CHEONHO-DAERO, GANGDONG-GU
		STREET 2:		15F,16F,17F,18F
		CITY:			SEOUL
		STATE:			M5
		ZIP:			05340

	FORMER NAME:	
		FORMER CONFORMED NAME:	Fila Korea Co., Ltd.
		DATE OF NAME CHANGE:	20161012

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Acushnet Holdings Corp.
		CENTRAL INDEX KEY:			0001672013
		STANDARD INDUSTRIAL CLASSIFICATION:	 [3949]
		IRS NUMBER:				455644353
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		333 BRIDGE STREET
		CITY:			FAIRHAVEN
		STATE:			MA
		ZIP:			02719
		BUSINESS PHONE:		800-225-8500

	MAIL ADDRESS:	
		STREET 1:		333 BRIDGE STREET
		CITY:			FAIRHAVEN
		STATE:			MA
		ZIP:			02719
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>golf_012422.xml
<DESCRIPTION>STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2022-01-24</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001672013</issuerCik>
        <issuerName>Acushnet Holdings Corp.</issuerName>
        <issuerTradingSymbol>GOLF</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001687274</rptOwnerCik>
            <rptOwnerName>FILA Holdings Corp.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1077 CHEONHO-DAERO, GANGDONG-GU</rptOwnerStreet1>
            <rptOwnerStreet2>15F,16F,17F,18F</rptOwnerStreet2>
            <rptOwnerCity>SEOUL</rptOwnerCity>
            <rptOwnerState>M5</rptOwnerState>
            <rptOwnerZipCode>05340</rptOwnerZipCode>
            <rptOwnerStateDescription>KOREA, REPUBLIC OF</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001687273</rptOwnerCik>
            <rptOwnerName>Magnus Holdings Co., Ltd.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1077 CHEONHO-DAERO, GANGDONG-GU</rptOwnerStreet1>
            <rptOwnerStreet2>18F</rptOwnerStreet2>
            <rptOwnerCity>SEOUL</rptOwnerCity>
            <rptOwnerState>M5</rptOwnerState>
            <rptOwnerZipCode>05340</rptOwnerZipCode>
            <rptOwnerStateDescription>KOREA, REPUBLIC OF</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2022-01-24</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>699819</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>53.5865</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>37104008</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See explanation of responses</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Represents shares sold to Acushnet Holdings Corp. pursuant to the Stock Repurchase Agreement dated November 8, 2021.</footnote>
        <footnote id="F2">Magnus Holdings Co., Ltd., directly holds 37,104,008 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.</footnote>
        <footnote id="F3">Magnus Holdings Co., Ltd. and FILA Holdings Corp. (together, the &quot;Reporting Persons&quot;) 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.</footnote>
        <footnote id="F4">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.</footnote>
        <footnote id="F5">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.</footnote>
    </footnotes>

    <remarks>(6) The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act.</remarks>

    <ownerSignature>
        <signatureName>/s/ Yoon Soo Yoon, Chief Executive Officer, Magnus Holdings Co., Ltd. (6)</signatureName>
        <signatureDate>2022-01-25</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Keun Chang Yoon, Chief Executive Officer, FILA Holdings Corp. (6)</signatureName>
        <signatureDate>2022-01-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
