Michael A. Kaufman - May 21, 2024 Form 4 Insider Report for AGILYSYS INC (AGYS)

Role: Director, 10%+ Owner
Signature: /s/ Kyle C. Badger, Attorney-in-Fact
Stock symbol: AGYS
Transactions as of: May 21, 2024
Transactions value $: $0
Form type: 4
Date filed: 5/24/2024, 05:31 PM
Previous filing: Dec 6, 2023
Next filing: Aug 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AGYS	Common Stock	Award	$0	+968	+10.1%	$0.00	10.5K	May 21, 2024	Direct	F1
holding	AGYS	Common Stock						2.4M	May 21, 2024	See footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted shares granted under the Agilysys, Inc. 2020 Equity Incentive Plan. The shares vest on March 31, 2025.
F2	As reported on a Schedule 13D/A dated February 16, 2024, Mr. Kaufman indirectly beneficially owns 2,398,534 including 2,060,458 shares of Common Stock held by MAK Capital Fund LP ("MAK Fund") and beneficially owned by MAK Capital One L.L.C. ("MAK Capital"). Mr. Kaufman shares indirect beneficial ownership in such shares by virtue of being the managing member of MAK Capital which is the investment manager of MAK Fund. Mr. Kaufman disclaims such beneficial ownership except to the extent of its pecuniary interest therein.

Content

Restricted shares granted under the Agilysys, Inc. 2020 Equity Incentive Plan. The shares vest on March 31, 2025.

As reported on a Schedule 13D/A dated February 16, 2024, Mr. Kaufman indirectly beneficially owns 2,398,534 including 2,060,458 shares of Common Stock held by MAK Capital Fund LP ("MAK Fund") and beneficially owned by MAK Capital One L.L.C. ("MAK Capital"). Mr. Kaufman shares indirect beneficial ownership in such shares by virtue of being the managing member of MAK Capital which is the investment manager of MAK Fund. Mr. Kaufman disclaims such beneficial ownership except to the extent of its pecuniary interest therein.