AI assistant
AGILYSYS INC — Director's Dealing 2023
Mar 14, 2023
31401_dirs_2023-03-14_73113960-7bdd-4818-afb3-dc2970ec65cf.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AGILYSYS INC (AGYS)
CIK: 0000078749
Period of Report: 2023-03-10
Reporting Person: SRINIVASAN RAMESH (Director, President & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-10 | Restricted Stock Units | $ | A | 33928 | Acquired | Common Stock (33928) | Direct | |
| 2023-03-10 | Restricted Stock Units | $ | A | 21035 | Acquired | Common Stock (21035) | Direct | |
| 2023-03-10 | Restricted Stock Units | $ | A | 12893 | Acquired | Common Stock (12893) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of common stock of Agilysys, Inc.
F2: The restricted stock units will vest in three equal annual installments beginning March 10, 2024.
F3: The restricted stock units will vest if both the closing price of a share of common stock of Agilysys, Inc. has been equal to or higher than $100 per share for 20 consecutive trading days following the grant date and Mr. Srinivasan continues to be employed with the Company through the third anniversary of the grant date.
F4: The restricted stock units will vest if both the closing price of a share of common stock of Agilysys, Inc. has been equal to or higher than $115 per share for 20 consecutive trading days following the grant date and Mr. Srinivasan continues to be employed with the Company through the third anniversary of the grant date.