Sec Form 4 Filing - FILA Holdings Corp. @ Acushnet Holdings Corp. - 2021-05-17

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 FILA Holdings Corp. 2. Issuer Name and Ticker or Trading Symbol Acushnet Holdings Corp. [ GOLF] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1077 CHEONHO-DAERO, GANGDONG-GU, 15F,16F,17F,18F 3. Date of Earliest Transaction (MM/DD/YY) 05/17/2021 (Street) SEOUL, M505340 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 05/17/2021 S 650,000 ( 1 ) D $ 48.68 37,803,827 I See explanation of responses ( 2 ) ( 3 ) ( 4 ) ( 5 )

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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner O fficer Other FILA Holdings Corp. 1077 CHEONHO-DAERO, GANGDONG-GU 15F,16F,17F,18F SEOUL, M505340 X X Magnus Holdings Co., Ltd. 1077 CHEONHO-DAERO, GANGDONG-GU 18F SEOUL, M505340 X X Signatures /s/ Ho Yeon Lee, Chief Executive Officer, Magnus Holdings Co., Ltd. (6) 05/18/2021 Signature of Reporting Person Date /s/ Keun Chang Yoon, Chief Executive Officer, FILA Holdings Corp. (6) 05/18/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )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. ( 2 )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. ( 3 )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. ( 4 )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. ( 5 )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.

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

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).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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