Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Hooks Michael K.
  2. Issuer Name and Ticker or Trading Symbol
Malibu Boats, Inc. [MBUU]
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)
2000 AVENUE OF THE STARS, 11TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2014
(Street)

LOS ANGELES, CA 90067
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
Class B Common Stock 05/13/2014   J(1)   1 D (1) 0 I See Footnote (2)
Class B Common Stock 05/13/2014   J(1)   1 A (1) 1 D  
Class B Common Stock               1 I See Footnote (3)
Class B Common Stock               1 I See Footnote (4)
Class B Common Stock               1 I See Footnote (5)

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Units of Malibu Boats Holdings, LLC (6) 05/13/2014   J(1)     626,763   (6)   (6) Class A Common Stock 626,763 (1) 0 I See Footnote (2)
Units of Malibu Boats Holdings, LLC (6) 05/13/2014   J(1)   140,113     (6)   (6) Class A Common Stock 140,113 (1) 140,113 D  
Units of Malibu Boats Holdings, LLC (6)               (6)   (6) Class A Common Stock (6)   3,622,940 I See Footnote (3)
Units of Malibu Boats Holdings, LLC (6)               (6)   (6) Class A Common Stock (6)   449,102 I See Footnote (4)
Units of Malibu Boats Holdings, LLC (6)               (6)   (6) Class A Common Stock (6)   360,221 I See Footnote (5)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Hooks Michael K.
2000 AVENUE OF THE STARS, 11TH FLOOR
LOS ANGELES, CA 90067
  X   X    

Signatures

 MICHAEL K. HOOKS, /s/ Wayne Wilson as attorney-in-fact   05/13/2014
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Black Canyon Investments L.P. ("BC Investments") transferred all its directly held Units in Malibu Boats Holdings, LLC (the "LLC Units") through a pro rata distribution to each of its partners, including the reporting person. BC Investments had been issued for nominal consideration, one share of the Issuer's Class B Common Stock, each of which provides its owner with no economic rights but entitles the holder to one vote on matters presented to stockholders of the Issuer for each LLC Unit held by such holder. Upon such transfer of all its LLC Units, BC Investments no longer holds a share of Class B Common Stock and as a holder of LLC Units, the reporting person was issued a share of Class B Common Stock. If the reporting person were to transfer LLC Units, the voting power afforded to the reporting person by his share of Class B Common Stock will be automatically and correspondingly reduced under the certificate of incorporation of the Issuer.
(2) The amount shown represents the beneficial ownership of Issuer's Class B Common Stock and LLC Units, as applicable, owned by BC Investments, which was disposed by BC Investments as discussed above.
(3) The amount shown represents the beneficial ownership of LLC Units owned by Black Canyon Direct Investment Fund L.P.
(4) The amount shown represents the beneficial ownership of LLC Units owned by Canyon Value Realization Fund, L.P.
(5) The amount shown represents the beneficial ownership of LLC Units owned by Loudon Partners, LLC.
(6) Pursuant to the terms of an exchange agreement, the holder of the LLC Units has a right to exchange the LLC Units for shares of the Issuer's Class A Common Stock on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications, or at the Issuer's option, other than in the event of a change in control, for a cash payment equal to the market value of the Class A Common Stock. The LLC Units have no expiration date.
 
Remarks:
See Exhibit 99 for the relationship among the reporting person and the entities described above.

Exhibit List:

Exhibit 99

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