AGILYSYS INC 4
4 · AGILYSYS INC · Filed Sep 19, 2016
Insider Transaction Report
Form 4
AGILYSYS INCAGYS
Seebeck Janine K.
VP and Controller
Transactions
- Award
Performance Rights
2016-09-15+13,669→ 13,669 totalExp: 2018-04-01→ Common Stock (13,669 underlying)
Footnotes (2)
- [F1]Each performance right represents a contingent right to receive one share of AGYS common stock. The performance rights vest upon AGYS's common stock achieving a closing stock price on NASDAQ greater than or equal to $17.00 per share for a period of at least thirty consecutive days at any time after March 31, 2016 and before April 1, 2018.
- [F2]Restricted shares granted under the Agilysys, Inc. 2016 Stock Incentive Plan. The shares vest on the later of one year from the date of grant or the date that the performance goal is achieved. Upon a "Change in Control" (as defined in the 2016 Stock Incentive Plan), the restricted shares would automatically be deemed earned, regardless of achievement of the performance goal, and would automatically vest.