AGILYSYS INC — Director's Dealing 2010

Oct 19, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AGILYSYS INC (AGYS)
CIK: 0000078749
Period of Report: 2010-10-18

Reporting Person: Bond Henry R (SVP & Chief Financial Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common shares, without par value	30000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Settled Appreciation Rights	$7.30	2017-10-18	Common shares (50000)		Direct

Footnotes

F1: Restricted stock granted under Agilysys, Inc. 2006 Stock Incentive Plan. The shares vest as follows: 10,000 on 3/31/2011, 10,000 on 3/31/2012, and 10,000 on 3/31/2013.

F2: SSARs granted under Agilysys, Inc. 2006 Stock Incentive Plan. The shares become exercisable as follows: 16,500 on 3/31/2011, 16,500 on 3/31/3012, and 17,000 on 3/31/2013.