Sec Form 4 Filing - Mirae Asset Partners Private Equity Fund VII @ Acushnet Holdings Corp. - 2016-11-02

FORM 4 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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Mirae Asset Partners Private Equity Fund VII 2. Issuer Name and Ticker or Trading Symbol Acushnet Holdings Corp. [ GOLF] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) X __ Other (specify below) 10% Group (Last) (First) (Middle) C/O MIRAE ASSET GLOBAL INVESTMENTS, 26F,, EAST TOWER MIRAE ASSET CENTER 1, 26, EUL 3. Date of Earliest Transaction (MM/DD/YY) 11/02/2016 (Street) SEOUL, M504539 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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) Code V Amount (A) or (D) Price Common Stock 11/02/2016 C 17,258,895 A 17,258,915 I See footnotes ( 1 ) ( 2 ) Common Stock 11/02/2016 C 8,727,129 A 25,986,044 I See footnotes ( 1 ) ( 2 ) Common Stock 11/02/2016 S 16,820,502 D $ 17 9,165,542 I See footnotes ( 1 ) ( 3 ) ( 4 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares 7.5% Convertible Notes due 2021 ( 2 ) ( 2 ) 11/02/2016 C 17,258,895 ( 2 ) ( 2 ) Common Stock 17,258,895 ( 2 ) 0 I See footnote ( 2 ) Series A redeemable convertible preferred stock ( 2 ) ( 2 ) 11/02/2016 C 8,727,129 ( 2 ) ( 2 ) Common Stock 8,727,129 ( 2 ) 0 I See footnote ( 2 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Mirae Asset Partners Private Equity Fund VII C/O MIRAE ASSET GLOBAL INVESTMENTS, 26F, EAST TOWER MIRAE ASSET CENTER 1, 26, EUL SEOUL, M504539 10% Group Odin 4, LLC C/O MIRAE ASSET GLOBAL INVESTMENTS, 26F, EAST TOWER MIRAE ASSET CENTER 1, 26, EUL SEOUL, M504539 10% Group Odin 3, LLC C/O MIRAE ASSET GLOBAL INVESTMENTS, 26F, EAST TOWER MIRAE ASSET CENTER 1, 26, EUL SEOUL, M504539 10% Group Signatures /s/ Heidi Steele, as Attorney-in-Fact 11/04/2016 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Represents shares of common stock of Acushnet Holdings Corp. ("Acushnet") owned by Odin 3, LLC and Odin 4, LLC (the "Mirae Funds"), both of which are Korean limited liability companies that are wholly owned by Mirae Asset Partners Private Equity Fund VII. The general partners of Mirae Asset Partners Private Equity Fund VII are Mirae Asset Global Investments Co. Ltd. and Mirae Asset Securities Co. Ltd. Voting and investment decisions over the shares of common stock of Acushnet owned by the Mirae Funds are made by an investment committee of Mirae Asset Global Investments Co. Ltd. comprised of six members. Each of the members of the committee may be deemed to share voting and investment power with respect to the shares of common stock of Acushnet owned by the Mirae Funds. Such members disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein. ( 2 )Both the 7.5% convertible notes due 2021 (the "Convertible Notes") and the Series A redeemable convertible preferred stock (the "Convertible Preferred Stock") automatically converted into shares of common stock of Acushnet on November 2, 2016. The Convertible Notes converted into an amount of shares of common stock derived by dividing the outstanding unpaid principal amount of the Convertible Notes by $11.11. The Convertible Preferred Stock converted on a one share of Convertible Preferred Stock for nine shares of common stock basis. ( 3 )The Mirae Funds entered into a Shareholders' Agreement dated as of October 26, 2016 and effective on November 2, 2016 by and among the Mirae Funds, WB Atlas LLC, Neoplux No. 1 Private Equity, Fila Korea Ltd. and Magnus Holdings Co. Ltd. By reason of certain provisions included in the Shareholders' Agreement, the Mirae Funds, Mirae Asset Partners Private Equity Fund VII, WB Atlas LLC and Woori-Blackstone Korea Opportunity Private Equity Fund 1 may be deemed to be members of a group ("Group") within the meaning of Rule 13d-5(b) promulgated under the Securities Exchange Act of 1934, as amended, with regard to their respective interests in the equity securities of Acushnet. ( 4 )The amount of Acushnet's securities held by the Mirae Funds and Mirae Asset Partners Private Equity Fund VII as reported in this Form 4 does not include the holdings of the other parties to the Group. The Mirae Funds and Mirae Asset Partners Private Equity Fund VII disclaim any pecuniary interest in the Acushnet securities beneficially owned by the other parties to the Group.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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