AGILYSYS INC — Director's Dealing 2020

Feb 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AGILYSYS INC (AGYS)
CIK: 0000078749
Period of Report: 2020-02-10

Reporting Person: SRINIVASAN RAMESH (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-10	Stock-settled Appreciation Right	$36.60	A	475000	Acquired	2024-08-10	Common Stock (475000)	Direct
2020-02-10	Stock-settled Appreciation Right	$36.60	A	125000	Acquired	2024-08-10	Common Stock (125000)	Direct

Footnotes

F1: The Stock-settled Appreciation Right vests in monthly amounts of 13,194 shares for 20 months beginning March 1, 2020, and in monthly amounts of 13,195 shares for 16 months beginning November 1, 2021.

F2: The Stock-settled Appreciation Right vests, if at all, if the closing price of Agilysys' common stock equals or exceeds $45 for 15 business days, in which case, on the following day it vests pro-rata daily until December 31, 2023, regardless of the price performance thereafter.