SEC Form 4 · accession 0001104659-16-154973

Acushnet Holdings Corp. · GOLF

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Neoplux No. 1 Private Equity Fund

Other

Period of report

Nov 2, 2016

Accepted (ET)

Nov 4, 2016 · 7:18 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001672013

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F2,F1	Nov 2, 2016	C	1,383,237	—	A	1,383,243	I	See Footnote
Common Stock^F2,F1	Nov 2, 2016	C	754,488	—	A	2,137,731	I	See Footnote
Common Stock^F1,F2	Nov 2, 2016	S	1,383,731	$17.00	D	754,000	I	See Footnotes

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
7.5% Convertible Notes due 2021^F1,F2	—	Nov 2, 2016	C	1,383,237	D	—	—	Common Stock	1,383,237	0	I
Series A redeemable convertible preferred stock^F1,F2	—	Nov 2, 2016	C	754,488	D	—	—	Common Stock	754,488	0	I

Explanation of responses

F1Represents shares of common stock of Acushnet Holdings Corp. ("Acushnet") owned by Neoplux No. 1 Private Equity, an affiliate of Neoplux Co. Ltd. Voting and investment decisions over the shares of common stock of Acushnet owned by Neoplux No. 1 Private Equity are made by the Investment Committee of Neoplux No. 1 Private Equity. The Investment Committee of Neoplux No. 1 Private Equity consists of four members: Mr. Lee, Sangha, Mr. Kim, Donghwan, Mr. Min, Kyungmin and Ms. Park, Jiyoung. These individuals may be deemed to beneficially own the shares of common stock of Acushnet owned by Neoplux No. 1 Private Equity. Such persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein.
F2Both the 7.5% convertible notes due 2021 (the "Convertible Notes") and Series A redeemable convertible preferred stock (the "Convertible Preferred Stock") automatically converted into common stock on November 2, 2016. The Convertible Notes converted into the number of shares of common stock derived by dividing the outstanding unpaid principle 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. As a result of its sale of common stock in Acushnet's initial public offering, the Reporting Person is no longer part of the "group", within the meaning of Rule 13d-5(b) promulgated under the Securities Exchange Act of 1934, that included Odin 3, LLC, Odin 4, LLC, Mirae Asset Partners Private Equity Fund VII, WB Atlas LLC and Woori-Blackstone Korea Opportunity Private Equity Fund 1. As a result, the Reporting Person is no longer subject to Section 16.