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AGILYSYS INC — Director's Dealing 2019
Jun 24, 2019
31401_dirs_2019-06-24_1a563c7d-6615-444b-868a-ae87c82ee90f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AGILYSYS INC (AGYS)
CIK: 0000078749
Period of Report: 2019-06-20
Reporting Person: SRINIVASAN RAMESH (Director, President & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-06-20 | Performance Rights | $ | A | 30120 | Acquired | 2020-06-20 | Common Stock (30120) | Direct |
Footnotes
F1: Each performance right represents a contingent right to receive one share of AGYS common stock. The performance rights vest upon certain performance goals being met for the fiscal year ending March 31, 2020. Upon a "Change in Control" (as defined in the 2016 Stock Incentive Plan), up to a maximum stock value of $675,000 would automatically be deemed earned, regardless of achievement of the performance goal, and would automatically vest.
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