MAK Capital Fund LP 4
4 · AGILYSYS INC · Filed Dec 6, 2023
Insider Transaction Report
Form 4
AGILYSYS INCAGYS
Kaufman Michael A
10% Owner
Transactions
- Sale
Common Stock
2023-12-01$87.11/sh−64,367$5,606,913→ 3,973,856 total(indirect: See Footnote) - Sale
Common Stock
2023-12-04$87.70/sh−20,925$1,835,154→ 3,952,931 total(indirect: See Footnote) - Sale
Common Stock
2023-12-05$86.27/sh−16,078$1,387,019→ 3,936,853 total(indirect: See Footnote)
Footnotes (5)
- [F1]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 Transaction Plan dated August 1, 2023 between MAK Capital One LLC ("MAK Capital") and BTIG, LLC.
- [F2]MAK Capital acts as the investment manager of MAK Capital Fund LP ("MAK Fund") and MAK Capital Distressed Debt Fund I LP ("MAK CDD Fund). Michael A. Kaufman is the managing member of MAK Capital. Each of MAK Capital and Michael A. Kaufman ("Mr. Kaufman") may be deemed to indirectly beneficially own the shares of Common Stock held by MAK Fund and MAK CDD Fund. Each of MAK Capital and Mr. Kaufman disclaims such beneficial ownership, except to the extent of its pecuniary interest therein. Each of MAK Capital, MAK Fund, MAK CDD Fund and Mr. Kaufman may be deemed to be a member of a "group" (within the meaning of Rule 13d-5 under the Act) whose members in the aggregate beneficially own more than 10% of the outstanding shares of Common Stock.
- [F3]45,958 shares were sold by MAK Fund and 18,409 shares were sold by MAK CDD.
- [F4]14,940 shares were sold by MAK Fund and 5,985 shares were sold by MAK CDD.
- [F5]11,480 shares were sold by MAK Fund and 4,598 shares were sold by MAK CDD.