<SEC-DOCUMENT>0001019056-19-000151.txt : 20190215
<SEC-HEADER>0001019056-19-000151.hdr.sgml : 20190215
<ACCEPTANCE-DATETIME>20190215164438
ACCESSION NUMBER:		0001019056-19-000151
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190214
FILED AS OF DATE:		20190215
DATE AS OF CHANGE:		20190215

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Kaufman Michael A
		CENTRAL INDEX KEY:			0001426157

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05734
		FILM NUMBER:		19612098

	MAIL ADDRESS:	
		STREET 1:		590 MADISON AVENUE, 9TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MAK CAPITAL ONE LLC
		CENTRAL INDEX KEY:			0001385702
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05734
		FILM NUMBER:		19612099

	BUSINESS ADDRESS:	
		STREET 1:		590 MADISON AVENUE, 24TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-486-3291

	MAIL ADDRESS:	
		STREET 1:		590 MADISON AVENUE, 24TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER NAME:	
		FORMER CONFORMED NAME:	MAK Capital
		DATE OF NAME CHANGE:	20070109

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MAK Capital Fund LP
		CENTRAL INDEX KEY:			0001426156
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05734
		FILM NUMBER:		19612100

	BUSINESS ADDRESS:	
		STREET 1:		590 MADISON AVENUE, 9TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-486-3211

	MAIL ADDRESS:	
		STREET 1:		590 MADISON AVENUE, 9TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MAK-ro Capital Master Fund LP
		CENTRAL INDEX KEY:			0001480092
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05734
		FILM NUMBER:		19612101

	BUSINESS ADDRESS:	
		STREET 1:		C/O DUNDEE LEEDS MANAGEMENT SERVICES LTD
		STREET 2:		129 FRONT STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM12
		BUSINESS PHONE:		212-486-3211

	MAIL ADDRESS:	
		STREET 1:		C/O DUNDEE LEEDS MANAGEMENT SERVICES LTD
		STREET 2:		129 FRONT STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM12

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MAK GP LLC
		CENTRAL INDEX KEY:			0001767408
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05734
		FILM NUMBER:		19612102

	BUSINESS ADDRESS:	
		STREET 1:		590 MADISON AVENUE
		STREET 2:		SUITE 2401
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-486-3291

	MAIL ADDRESS:	
		STREET 1:		590 MADISON AVENUE
		STREET 2:		SUITE 2401
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AGILYSYS INC
		CENTRAL INDEX KEY:			0000078749
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				340907152
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		1000 WINDWARD CONCOURSE
		STREET 2:		SUITE 250
		CITY:			ALPHARETTA
		STATE:			2Q
		ZIP:			30005
		BUSINESS PHONE:		7708107800

	MAIL ADDRESS:	
		STREET 1:		1000 WINDWARD CONCOURSE
		STREET 2:		SUITE 250
		CITY:			ALPHARETTA
		STATE:			2Q
		ZIP:			30005

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PIONEER STANDARD ELECTRONICS INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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        <reportingOwnerAddress>
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            <rptOwnerStreet2>VICTORIA PLACE, 31 VICTORIA STREET</rptOwnerStreet2>
            <rptOwnerCity>HAMILTON</rptOwnerCity>
            <rptOwnerState>D0</rptOwnerState>
            <rptOwnerZipCode>HM10</rptOwnerZipCode>
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    <reportingOwner>
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        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O HMS CAYMAN LTD.</rptOwnerStreet1>
            <rptOwnerStreet2>GRAND PAVILION, WEST BAY ROAD</rptOwnerStreet2>
            <rptOwnerCity>GRAND CAYMAN</rptOwnerCity>
            <rptOwnerState>E9</rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription>CAYMAN ISLANDS</rptOwnerStateDescription>
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    <reportingOwner>
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        </reportingOwnerId>
        <reportingOwnerAddress>
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            <rptOwnerStreet2>590 MADISON AVENUE, SUITE 2401</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
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    <footnotes>
        <footnote id="F1">These shares of Common Stock of Agilysys, Inc. (&quot;Common Stock&quot;) were transferred (the &quot;MAK Fund Transfer&quot;) by MAK Capital Fund (&quot;MAK Fund&quot;) to Bermuda One Fund LLC (&quot;Bermuda One&quot;) of which VP Bermuda LLC is the managing member and Scott D. Vogel is the managing member of VP Bermuda LLC, and represent the pro rata shares of Common Stock of certain redeemed or partially redeemed investors of MAK Fund.</footnote>
        <footnote id="F2">These shares of Common Stock were transferred by MAK-ro Capital Master Fund LP (the &quot;MAK-ro Fund Transfer&quot;) to Bermuda One of which VP Bermuda LLC is the managing member and Scott D. Vogel is the managing member of VP Bermuda LLC, and represent the pro rata shares of Common Stock of certain redeemed or partially redeemed investors of MAK-ro Fund.</footnote>
        <footnote id="F3">In connection with the MAK Fund Transfer, 92,413 shares of Common Stock and 67,432 shares of Common Stock were transferred to MAK GP LLC (&quot;MAK GP&quot;) and MAK Capital One, LLC (&quot;MAK Capital One&quot;), respectively. The shares transferred to MAK GP and MAK Capital One represents the incentive fees and the management fees earned on the holdings of Common Stock earned through January 31, 2019, respectively.</footnote>
        <footnote id="F4">In connection with the MAK-ro Fund Transfer, 78,616 shares of Common Stock and 51,091 shares of Common Stock were transferred to MAK GP and MAK Capital One, LLC, respectively. The shares transferred to MAK GP and MAK Capital One represents the incentive fees and the management fees earned on the holdings of Common Stock through January 31, 2019, respectively.</footnote>
        <footnote id="F5">Reflects the shares of Common Stock received by MAK GP for incentive fees. Except as noted in footnote (5) and (6), none of the Reporting Persons received any payments in connection with the MAK Fund Transfer or the MAK-ro Fund Transfer.</footnote>
        <footnote id="F6">Reflects the shares of Common Stock received by MAK Capital One for management fees. Except as noted in footnote (5) and (6), none of the Reporting Persons received any payments in connection with the MAK Fund Transfer or the MAK-ro Fund Transfer.</footnote>
        <footnote id="F7">The MAK Fund Transfer and the MAK-ro Fund Transfer were priced at the close of business on January 31, 2019 and completed on February 14, 2019.</footnote>
        <footnote id="F8">MAK Capital One and MAK GP acts as the investment manager and general partner, respectively, of MAK Fund and the MAK-ro Fund. Michael A. Kaufman is the managing member of MAK Capital One and MAK GP. Michael A. Kaufman may be deemed to indirectly beneficially own the shares of common stock held by MAK Fund, MAK-ro Fund, MAK Capital One and MAK GP however he disclaims such beneficial ownership, except to the extent of his pecuniary interest therein. Each of MAK Capital One LLC, MAK Capital Fund LP, MAK-ro Capital Master Fund L.P. and MAK GP LLC may be deemed to be a member of a &quot;group&quot; (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 the Issuer's Common Stock.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Michael A. Kaufman, individually, and as Managing Member of MAK Capital One LLC and MAK GP LLC, and Authorized Signatory of MAK Capital Fund LP and MAK-ro Capital Master Fund LP</signatureName>
        <signatureDate>2019-02-14</signatureDate>
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