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Filing Details

Accession Number:: 0001144204-10-049971
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-09-17 18:31:46
Reporting Period:: 2010-09-15

Filing Date:: 2010-09-17
Accepted Time:: 2010-09-17 18:31:46
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
78749	Agilysys Inc	AGYS	Wholesale-Electronic Parts & Equipment, Nec (5065)	340907152

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1044734	Donald S Sussman	6100 Red Hook Quarter, 18B Suites C, 1-6 St. Thomas VI 00802	No	No	Yes	No
1385702	Mak Capital One Llc	590 Madison Avenue, 9Th Floor New York NY 10022	No	No	Yes	No
1426156	Mak Capital Fund Lp	590 Madison Avenue, 9Th Floor New York NY 10022	No	No	Yes	No
1426157	A Michael Kaufman	590 Madison Avenue, 9Th Floor New York NY 10022	No	No	Yes	No
1439278	Andrew R. Cueva	590 Madison Avenue 9Th Floor New York NY 10022	Yes	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2010-09-15	47,741	$5.75	4,275,410	No	4	P	Direct
Common Stock	Acquisiton	2010-09-16	46,692	$5.66	4,322,102	No	4	P	Direct
Common Stock	Acquisiton	2010-09-17	47,741	$6.06	4,369,843	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct

Footnotes

These purchases of the shares of common stock of Agilysys, Inc. (the "Shares") were effected pursuant to a Rule 10b5-1 trading plan adopted by MAK Capital Fund LP ("MAK Capital Fund") on August 12, 2010.
The price reported in Column 4 is a weighted average price. These Shares were purchased on September 15, 2010 in multiple transactions at purchase prices ranging from $5.64 to $5.86, inclusive. The reporting person undertakes to provide to Agilysys, Inc. (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate purchase price within the range set forth in this footnote.
Reflects Share transactions by and Share holdings of MAK Capital Fund.
MAK Capital One LLC ("MAK Capital One") acts as the investment manager of MAK Capital Fund and Paloma International L.P. ("Paloma") with respect to the Shares. Paloma, through its subsidiary, Sunrise Partners Limited Partnership, owns 1,772,286 Shares. Michael A. Kaufman is the managing member of MAK Capital One and the controlling person of MAK Capital Fund. S. Donald Sussman is the controlling person of Paloma.
MAK Capital One and Mr. Kaufman may each be deemed to indirectly beneficially own the Shares held by MAK Capital Fund and Paloma. Mr. Sussman may be deemed to beneficially own the Shares held by Paloma. For purposes of this Form 4, MAK Capital One, Mr. Kaufman and Mr. Sussman each disclaims ownership of the Shares owned by MAK Capital Fund and Paloma, except to the extent of their pecuniary interest therein. R. Andrew Cueva, a director of the Company and a managing director of MAK Capital Fund, may be deemed to share beneficial ownership of the Shares held by MAK Capital Fund. Mr. Cueva disclaims beneficial ownership of such Shares except to the extent of his pecuniary interest therein.
The price reported in Column 4 is a weighted average price. These Shares were purchased on September 16, 2010 in multiple transactions at purchase prices ranging from $5.53 to $5.82, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate purchase price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These Shares were purchased on September 17, 2010 in multiple transactions at purchase prices ranging from $5.82 to $6.19, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate purchase price within the range set forth in this footnote.