Ramesh Srinivasan - Mar 10, 2023 Form 4 Insider Report for AGILYSYS INC (AGYS)

Role
President & CEO, Director
Signature
/s/ Kyle C. Badger, Attorney-in-Fact
Stock symbol
AGYS
Transactions as of
Mar 10, 2023
Transactions value $
$0
Form type
4
Date filed
3/14/2023, 05:13 PM
Previous filing
May 26, 2022
Next filing
May 26, 2023

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 Restricted Stock Units Award $0 +33.9K $0.00 33.9K Mar 10, 2023 Common Stock 33.9K Direct F1, F2
transaction AGYS Restricted Stock Units Award $0 +21K $0.00 21K Mar 10, 2023 Common Stock 21K Direct F1, F3
transaction AGYS Restricted Stock Units Award $0 +12.9K $0.00 12.9K Mar 10, 2023 Common Stock 12.9K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.