| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AGYS | Common Stock | Sale | -$5.61M | -64.4K | -1.74% | $87.11 | 3.64M | 01 Dec 2023 | See footnote | F1, F2, F3 |
| transaction | AGYS | Common Stock | Sale | -$1.84M | -20.9K | -0.58% | $87.70 | 3.61M | 04 Dec 2023 | See footnote | F1, F2, F4 |
| transaction | AGYS | Common Stock | Sale | -$1.39M | -16.1K | -0.44% | $86.27 | 3.6M | 05 Dec 2023 | See footnote | F1, F2, F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| 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 | 53,360 shares were sold by MAK Fund and 11,007 shares were sold by MAK CDD. |
| F4 | 17,347 shares were sold by MAK Fund and 3,578 shares were sold by MAK CDD. |
| F5 | 13,329 shares were sold by MAK Fund and 2,749 shares were sold by MAK CDD. |
*The reported price is a weighted average price. The Reporting Persons undertake to provide to the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.