William David Wood III - 01 Dec 2021 Form 4 Insider Report for AGILYSYS INC (AGYS)

Signature
/s/ Kyle C. Badger, Attorney-in-Fact
Issuer symbol
AGYS
Transactions as of
01 Dec 2021
Net transactions value
$0
Form type
4
Filing time
03 Dec 2021, 16:49:47 UTC
Next filing
05 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGYS Common Stock Award $0 +3,196 +15% $0.000000 24,915 01 Dec 2021 Direct F1
transaction AGYS Common Stock Award $0 +5,551 +22% $0.000000 30,466 01 Dec 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Award granted under the Agilysys, Inc. 2020 Equity Incentive Plan. The shares vest 25% on November 30, 2022, 25% on November 30, 2023, and 50% on November 30, 2024.
F2 Restricted Stock Award granted under the Agilysys, Inc. 2020 Equity Incentive Plan. The shares vest subject to both of the following conditions: (1) 10% on November 30, 2022, 20% on November 30, 2023, and 70% on November 30, 2024; and (2) the closing price of the Company's common stock over a 10 consecutive trading day period is equal to or greater than $85, and if such threshold is not achieved by the close of trading on November 30, 2024, the Restricted Stock Award will be forfeited.