FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF 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 *   Eliasberg James A. 2. Date of Event Requiring Statement (Month/Day/Year) 04/04/2012 3. Issuer Name and Ticker or Trading Symbol GOLFSMITH INTERNATIONAL HOLDINGS INC [GOLF] (Last) (First) (Middle) GOLFSMITH INTERNATIONAL HOLDINGS, INC., 11000 N. IH-35 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) VP, General Counsel 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) AUSTIN, TX 78753-3195 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 Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	  (1)	08/02/2020	Common Stock	10,000	$ 3.39	D	Â
Stock Option (right to buy)	  (2)	02/25/2021	Common Stock	10,000	$ 4.16	D	Â
Restricted Stock Units	  (3)	04/04/2022	Common Stock	1,458	$ 0	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Eliasberg James A. GOLFSMITH INTERNATIONAL HOLDINGS, INC. 11000 N. IH-35 AUSTIN, TX 78753-3195	Â	Â	  VP, General Counsel	Â

Signatures

/s/ James A. Eliasberg, VP, General Counsel		04/04/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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)	Granted on August 2, 2010 under the 2006 Incentive Stock Plan of the Company, vest 20% in equal annual installments over five years and become exercisable on August 3, 2015.
(2)	Granted on February 25, 2011 under the 2006 Incentive Stock Plan of the Company, vest 20% in equal annual installments over five years and become exercisable on February 26, 2016.
(3)	Granted on April 4, 2012 under the 2006 Incentive Stock Plan of the Company, each restricted stock unit represents the equivalent of one share of the Company's common stock. One-third of the restricted stock will vest and become exercisable on each of the first, second and third anniversaries of the grant date.

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