Filing Details

Accession Number:
0001387131-23-000592
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-25 16:15:20
Reporting Period:
2023-01-23
Accepted Time:
2023-01-25 16:15:20
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-01-23 2,168,528 $46.11 34,935,480 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
  1. Represents shares sold to Acushnet Holdings Corp. pursuant to the Stock Repurchase Agreement dated August 30, 2022.
  2. Magnus Holdings Co., Ltd., directly holds 34,935,480 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) Ho Yeon Lee is a Director on the Board of Directors of Acushnet Holdings Corp. and the CEO of Magnus Holdings Co.
  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.