Prabuddha Biswas - Feb 3, 2023 Form 4 Insider Report for AGILYSYS INC (AGYS)

Role
CTO & SVP of Technology
Signature
/s/ Kyle C. Badger, Attorney-in-Fact
Stock symbol
AGYS
Transactions as of
Feb 3, 2023
Transactions value $
-$1,287,855
Form type
4
Date filed
2/6/2023, 04:46 PM
Previous filing
Jan 3, 2023
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGYS Common Stock Options Exercise $0 +2.31K +3.08% $0.00 77.3K Feb 3, 2023 Direct
transaction AGYS Common Stock Options Exercise $0 +12.3K +15.95% $0.00 89.6K Feb 3, 2023 Direct
transaction AGYS Common Stock Tax liability -$563K -6.79K -7.58% $82.99 82.8K Feb 3, 2023 Direct
transaction AGYS Common Stock Sale -$725K -8.75K -10.57% $82.84 74K Feb 3, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AGYS Stock-Settled Appreciation Rights Options Exercise $0 -3.21K -100% $0.00* 0 Feb 3, 2023 Common Stock 3.21K $22.41 Direct F2
transaction AGYS Stock-Settled Appreciation Rights Options Exercise $0 -12.3K -81.25% $0.00 2.84K Feb 3, 2023 Common Stock 12.3K $20.02 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.50 to $83.12. 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.