AGYS

SEC source: 0001019056-24-000097 · ownership.xml · nonDerivative · entry 1

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 2,060,458

F1 · kind: The sale transaction reported on this Form 4 is effected pursuant to an Underwriting Agreement dated February 14, 2024 between MAK Capital One LLC ("MAK Capital"), MAK Capital Fund LP ("MAK Fund"), MAK Capital Distressed Debt Fund I, LP ("MAK CDD Fund"), Agilysys, Inc., and BTIG, LLC, pursuant to which a total of 867,729 shares of common stock, without par value, of Agilysys, Inc. are being sold by MAK Fund and MAK CDD Fund (718,605 shares are being sold by MAK Fund and 149,124 shares are being sold by MAK CDD) to BTIG, LLC. The closing date for the sale transaction is February 20, 2024.

F1 · shares: The sale transaction reported on this Form 4 is effected pursuant to an Underwriting Agreement dated February 14, 2024 between MAK Capital One LLC ("MAK Capital"), MAK Capital Fund LP ("MAK Fund"), MAK Capital Distressed Debt Fund I, LP ("MAK CDD Fund"), Agilysys, Inc., and BTIG, LLC, pursuant to which a total of 867,729 shares of common stock, without par value, of Agilysys, Inc. are being sold by MAK Fund and MAK CDD Fund (718,605 shares are being sold by MAK Fund and 149,124 shares are being sold by MAK CDD) to BTIG, LLC. The closing date for the sale transaction is February 20, 2024.

F2 · ownership.nature: MAK Capital acts as the investment manager of MAK Fund and MAK CDD Fund. Michael A. Kaufman ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001209191-24-002502 · doc4.xml · nonDerivative · entry 1

Wood William David III · CIK 0001820468 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,391

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.04 to $85.91. The reporting person undertakes to provide to Agilysys, Inc., any security holder of Agilysys, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

SEC source: 0001019056-24-000035 · ownership.xml · nonDerivative · entry 1

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 2,928,187

F1 · kind: 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 ("10b5-1 Plan"). All 867,728 shares covered by the 10b5-1 Plan have now been sold.

F3 · shares: 11,959 shares were sold for MAK Fund and 2,467 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-24-000030 · ownership.xml · nonDerivative · entry 3

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 2,942,613

F1 · kind: 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.

F5 · shares: 72,538 shares were sold for MAK Fund and 14,962 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-24-000030 · ownership.xml · nonDerivative · entry 2

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,030,113

F1 · kind: 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.

F4 · shares: 27,322 shares were sold for MAK Fund and 5,636 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-24-000030 · ownership.xml · nonDerivative · entry 1

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,063,071

F1 · kind: 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.

F3 · shares: 11,072 shares were sold for MAK Fund and 2,284 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-24-000026 · ownership.xml · nonDerivative · entry 3

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,076,427

F1 · kind: 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.

F5 · shares: 37,252 shares were sold for MAK Fund and 7,684 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-24-000026 · ownership.xml · nonDerivative · entry 2

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,121,363

F1 · kind: 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.

F4 · shares: 23,358 shares were sold for MAK Fund and 4,818 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-24-000026 · ownership.xml · nonDerivative · entry 1

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,149,539

F1 · kind: 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.

F3 · shares: 45,595 shares were sold for MAK Fund and 9,405 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-24-000015 · ownership.xml · nonDerivative · entry 3

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,204,539

F1 · kind: 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.

F5 · shares: 25,507 shares were sold for MAK Fund and 5,261 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-24-000015 · ownership.xml · nonDerivative · entry 2

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,235,307

F1 · kind: 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.

F4 · shares: 19,836 shares were sold for MAK Fund and 4,092 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-24-000015 · ownership.xml · nonDerivative · entry 1

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,259,235

F1 · kind: 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.

F3 · shares: 16,122 shares were sold for MAK Fund and 3,326 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-24-000012 · ownership.xml · nonDerivative · entry 3

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,278,683

F1 · kind: 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.

F5 · shares: 11,366 shares were sold for MAK Fund and 2,344 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-24-000012 · ownership.xml · nonDerivative · entry 2

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,292,393

F1 · kind: 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.

F4 · shares: 15,487 shares were sold for MAK Fund and 3,195 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-24-000012 · ownership.xml · nonDerivative · entry 1

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,311,075

F1 · kind: 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.

F3 · shares: 11,200 shares were sold for MAK Fund and 2,310 shares were sold for MAK CDD.

F2 · ownership.nature: 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 ("Mr. Kaufman") is the managing member of MAK Capital. Each of MAK Capital and 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.

SEC source: 0001019056-23-000423 · ownership.xml · nonDerivative · entry 2

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,324,585

F1 · kind: 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.

F4 · shares: 69,276 shares were sold for MAK Fund and 14,290 shares were sold for MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001209191-23-059213 · doc4.xml · nonDerivative · entry 1

JONES JERRY C · CIK 0001179680 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,982

F1 · price: The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide to Agilysys, Inc., any security holder of Agilysys, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

SEC source: 0001019056-23-000423 · ownership.xml · nonDerivative · entry 1

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,408,151

F1 · kind: 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.

F3 · shares: 33,247 shares were sold for MAK Fund and 6,858 shares were sold for MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000419 · ownership.xml · nonDerivative · entry 3

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,448,256

F1 · kind: 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.

F5 · shares: 29,673 shares were sold for MAK Fund and 6,121 shares were sold for MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000419 · ownership.xml · nonDerivative · entry 2

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,484,050

F1 · kind: 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.

F4 · shares: 22,724 shares were sold for MAK Fund and 4,688 shares were sold for MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000419 · ownership.xml · nonDerivative · entry 1

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,511,462

F1 · kind: 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.

F3 · shares: 11,781 shares were sold for MAK Fund and 2,431 shares were sold for MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000413 · ownership.xml · nonDerivative · entry 3

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,863,750

F1 · kind: 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.

F5 · shares: 7,977 shares were sold for MAK Fund and 3,196 shares were sold for MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000431 · ownership.xml · nonDerivative · entry 3

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnote

Disclosed balance after: 3,525,674

F1 · kind: 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.

F5 · shares: 9,262 shares were sold for MAK Fund and 1,911 shares were sold for MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000413 · ownership.xml · nonDerivative · entry 2

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,874,923

F1 · kind: 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.

F4 · shares: 20,329 shares were sold for MAK Fund and 8,144 shares were sold for MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000431 · ownership.xml · nonDerivative · entry 2

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnote

Disclosed balance after: 3,536,847

F1 · kind: 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.

F4 · shares: 23,604 shares were sold for MAK Fund and 4,869 shares were sold for MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001209191-23-057734 · doc4.xml · nonDerivative · entry 2

JONES JERRY C · CIK 0001179680 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 53,270

F1 · price: The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide to Agilysys, Inc., any security holder of Agilysys, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within this range.

SEC source: 0001019056-23-000413 · ownership.xml · nonDerivative · entry 1

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,903,396

F1 · kind: 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.

F3 · shares: 23,888 shares were sold for MAK Fund and 9,569 shares were sold for MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000431 · ownership.xml · nonDerivative · entry 1

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnote

Disclosed balance after: 3,565,320

F1 · kind: 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.

F3 · shares: 27,736 shares were sold for MAK Fund and 5,721 shares were sold for MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000406 · ownership.xml · nonDerivative · entry 3

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,936,853

F1 · kind: 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.

F5 · shares: 11,480 shares were sold by MAK Fund and 4,598 shares were sold by MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001209191-23-057736 · doc4.xml · nonDerivative · entry 1

Wood William David III · CIK 0001820468 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 60,391

F1 · kind: Shares sold to fund withholding tax obligations arising from the vesting of restricted Common Stock on November 27, 2023 (sell to cover).

SEC source: 0001209191-23-057735 · doc4.xml · nonDerivative · entry 1

Robertson Chris J · CIK 0001709455 · Controller

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,148

F1 · kind: Shares sold to fund withholding tax obligations arising from the vesting of restricted Common Stock on November 27, 2023 (sell to cover).

SEC source: 0001209191-23-057734 · doc4.xml · nonDerivative · entry 1

JONES JERRY C · CIK 0001179680 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 59,464

SEC source: 0001019056-23-000429 · ownership.xml · nonDerivative · entry 3

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnote

Disclosed balance after: 3,598,777

F1 · kind: 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.

F5 · shares: 13,329 shares were sold by MAK Fund and 2,749 shares were sold by MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000406 · ownership.xml · nonDerivative · entry 2

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,952,931

F1 · kind: 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.

F4 · shares: 14,940 shares were sold by MAK Fund and 5,985 shares were sold by MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000429 · ownership.xml · nonDerivative · entry 2

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnote

Disclosed balance after: 3,614,855

F1 · kind: 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.

F4 · shares: 17,347 shares were sold by MAK Fund and 3,578 shares were sold by MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001209191-23-057501 · doc4.xml · nonDerivative · entry 1

Wood William David III · CIK 0001820468 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 61,151

F1 · kind: Shares sold to fund withholding tax obligations arising from the vesting of restricted Common Stock on December 1, 2023 (sell to cover).

SEC source: 0001209191-23-057499 · doc4.xml · nonDerivative · entry 1

Robertson Chris J · CIK 0001709455 · Controller

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,486

F1 · kind: Shares sold to fund withholding tax obligations arising from the vesting of restricted Common Stock on December 1, 2023 (sell to cover).

SEC source: 0001019056-23-000406 · ownership.xml · nonDerivative · entry 1

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 3,973,856

F1 · kind: 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.

F3 · shares: 45,958 shares were sold by MAK Fund and 18,409 shares were sold by MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000429 · ownership.xml · nonDerivative · entry 1

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnote

Disclosed balance after: 3,635,780

F1 · kind: 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.

F3 · shares: 53,360 shares were sold by MAK Fund and 11,007 shares were sold by MAK CDD.

F2 · ownership.nature: 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.

SEC source: 0001209191-23-056999 · doc4.xml · nonDerivative · entry 3

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · See footnote

Disclosed balance after: 4,038,223

F1 · kind: The transactions reported on this Form 4 were effected pursuant to to a Rule 10b5-1 Transaction Plan dated August 1, 2023 between MAK Capital One LLC and BTIG, LLC.

F2 · ownership.nature: As reported on a Schedule 13D dated November 3, 2023 and a Schedule 13D/A dated June 3, 2022, Shares are held by MAK Capital One L.L.C. ("MAK Capital"), MAK Capital Fund LP ("MAK Fund"), MAK Capital Distressed Debt Fund I, LP ("MAK CDD Fund") and MAK GP LLC. Each of MAK Fund and MAK CDD Fund shares voting power and investment power with MAK Capital and Mr. Kaufman. MAK GP shares voting power and investment power with MAK Capital and Mr. Kaufman.

SEC source: 0001019056-23-000427 · ownership.xml · derivative · entry 4

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · (5) See footnote

Disclosed balance after: 0

Underlying: Common Stock · 1,735,457 shares

Expires not disclosed

F4 · derivative.expiration_date: 18,598 shares were sold by MAK Fund and 3,836 shares were sold by MAK CDD Fund.

F2 · ownership.nature: 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.

SEC source: 0001019056-23-000427 · ownership.xml · nonDerivative · entry 3

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnote

Disclosed balance after: 3,700,147

F1 · kind: The sale 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.

F5 · shares: 36,830 shares were sold by MAK Fund and 7,597 shares were sold by MAK CDD Fund.

F2 · ownership.nature: 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.

SEC source: 0001209191-23-056999 · doc4.xml · nonDerivative · entry 2

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · See footnote

Disclosed balance after: 4,082,650

F1 · kind: The transactions reported on this Form 4 were effected pursuant to to a Rule 10b5-1 Transaction Plan dated August 1, 2023 between MAK Capital One LLC and BTIG, LLC.

F2 · ownership.nature: As reported on a Schedule 13D dated November 3, 2023 and a Schedule 13D/A dated June 3, 2022, Shares are held by MAK Capital One L.L.C. ("MAK Capital"), MAK Capital Fund LP ("MAK Fund"), MAK Capital Distressed Debt Fund I, LP ("MAK CDD Fund") and MAK GP LLC. Each of MAK Fund and MAK CDD Fund shares voting power and investment power with MAK Capital and Mr. Kaufman. MAK GP shares voting power and investment power with MAK Capital and Mr. Kaufman.

SEC source: 0001019056-23-000427 · ownership.xml · nonDerivative · entry 2

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnote

Disclosed balance after: 3,744,574

F1 · kind: The sale 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.

F4 · shares: 18,598 shares were sold by MAK Fund and 3,836 shares were sold by MAK CDD Fund.

F2 · ownership.nature: 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.

SEC source: 0001209191-23-056999 · doc4.xml · nonDerivative · entry 1

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

10b5-1 filing: Plan reported

Ownership: Indirect · See footnote

Disclosed balance after: 4,105,084

F1 · kind: The transactions reported on this Form 4 were effected pursuant to to a Rule 10b5-1 Transaction Plan dated August 1, 2023 between MAK Capital One LLC and BTIG, LLC.

F2 · ownership.nature: As reported on a Schedule 13D dated November 3, 2023 and a Schedule 13D/A dated June 3, 2022, Shares are held by MAK Capital One L.L.C. ("MAK Capital"), MAK Capital Fund LP ("MAK Fund"), MAK Capital Distressed Debt Fund I, LP ("MAK CDD Fund") and MAK GP LLC. Each of MAK Fund and MAK CDD Fund shares voting power and investment power with MAK Capital and Mr. Kaufman. MAK GP shares voting power and investment power with MAK Capital and Mr. Kaufman.

SEC source: 0001019056-23-000427 · ownership.xml · nonDerivative · entry 1

MAK CAPITAL ONE LLC · CIK 0001385702 · 10% owner

MAK Capital Fund LP · CIK 0001426156 · 10% owner

MAK Capital Distressed Debt Fund I, LP · CIK 0001760572 · 10% owner

Kaufman Michael A · CIK 0001426157 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See footnote

Disclosed balance after: 3,767,008

F1 · kind: The sale 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.

F3 · shares: 23,964 shares were sold by MAK Fund and 4,943 shares were sold by MAK CDD Fund.

F2 · ownership.nature: 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.

SEC source: 0001209191-23-055604 · doc4.xml · nonDerivative · entry 1

COLVIN DONALD A · CIK 0001228888 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,624

SEC source: 0001209191-23-055939 · doc4.xml · nonDerivative · entry 1

Wood William David III · CIK 0001820468 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 61,514

F1 · security: Restricted shares granted under the Agilysys, Inc. 2020 Equity Incentive Plan. The shares vest in one-third increments on October 31, 2024, 2025 and 2026.

SEC source: 0001209191-23-055941 · doc4.xml · nonDerivative · entry 1

Badger Kyle C · CIK 0001407935 · SVP, GC and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 116,083

F1 · security: Restricted shares granted under the Agilysys, Inc. 2020 Equity Incentive Plan. The shares vest in one-third increments on October 31, 2024, 2025 and 2026.

SEC source: 0001209191-23-055940 · doc4.xml · nonDerivative · entry 1

Robertson Chris J · CIK 0001709455 · Controller

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,647

F1 · security: Restricted shares granted under the Agilysys, Inc. 2020 Equity Incentive Plan. The shares vest in one-third increments on October 31, 2024, 2025 and 2026.