SEC Form 4 · accession 0000950138-17-000070
AGILYSYS INC · AGYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ramesh Srinivasan
Officer — President & CEO · Director
Period of report
Jan 3, 2017
Accepted (ET)
Jan 13, 2017 · 5:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000078749
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-settled Appreciation RightsF1 | $10.80 | Jan 3, 2017 | A | 630,000 | A | Jan 3, 2018 | Jul 3, 2021 | Common Stock | 630,000 | 630,000 | D |
Explanation of responses
- F1Stock-settled appreciation rights ("SSARs") granted under the Agilysys, Inc. 2016 Stock Incentive Plan. 210,000 of the 630,000 SSARs vest on January 3, 2018. The remaining 420,000 SSARs vest monthly in equal increments from February 1, 2018 through January 1, 2020.