AGILYSYS INC — Director's Dealing 2024

May 20, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AGILYSYS INC (AGYS)
CIK: 0000078749
Period of Report: 2024-05-16

Reporting Person: Badger Kyle C (SVP, GC and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-05-16	Common Stock	M	9985	$0.00	Acquired	126068	Direct
2024-05-16	Common Stock	M	45602	$0.00	Acquired	171670	Direct
2024-05-16	Common Stock	M	19662	$0.00	Acquired	191332	Direct
2024-05-16	Common Stock	F	15441	$0.00	Disposed	175891	Direct
2024-05-16	Commo Stock	S	8948	$99.15	Disposed	166943	Direct
2024-05-17	Common Stock	S	50800	$99.05	Disposed	116143	Direct
2024-05-17	Common Stock	S	60	$99.21	Disposed	116083	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-05-16	Stock-settled Appreciation Rights	$22.41	M	9985	Disposed	2026-06-20	Common Stock (9985)	Direct
2024-05-16	Stock-settled Appreciation Rights	$20.02	M	45602	Disposed	2027-06-02	Common Stock (45602)	Direct
2024-05-16	Stock-settled Appreciation Rights	$20.02	M	19662	Disposed	2027-06-02	Common Stock (19662)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.00 to $99.50. The reporting person undertakes to provide to Agilysys, Inc., any security holder of Agilysys, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

F2: Grant has a graded vesting schedule. Date Exercisable will vary for each vesting tranche.