0001019056-20-000360.txt : 20200526 0001019056-20-000360.hdr.sgml : 20200526 20200526215133 ACCESSION NUMBER: 0001019056-20-000360 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200522 FILED AS OF DATE: 20200526 DATE AS OF CHANGE: 20200526 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: 20912622 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: 20912623 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: 20912624 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 Capital Distressed Debt Fund I, LP CENTRAL INDEX KEY: 0001760572 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-05734 FILM NUMBER: 20912625 BUSINESS ADDRESS: STREET 1: MAK DDF-1 GP LLC STREET 2: 590 MADISON AVENUE, 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-486-3211 MAIL ADDRESS: STREET 1: MAK DDF-1 GP LLC STREET 2: 590 MADISON AVENUE, 24TH FLOOR 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 4 1 ownership.xml X0306 4 2020-05-22 0 0000078749 AGILYSYS INC AGYS 0001426157 Kaufman Michael A C/O MAK CAPITAL ONE LLC 590 MADISON AVENUE, SUITE 2401 NEW YORK NY 10022 1 0 1 0 0001385702 MAK CAPITAL ONE LLC 590 MADISON AVENUE, SUITE 2401 NEW YORK NY 10022 0 0 1 0 0001426156 MAK Capital Fund LP C/O WAKEFIELD QUIN VICTORIA PLACE, 31 VICTORIA STREET HAMILTON D0 HM10 BERMUDA 0 0 1 0 0001760572 MAK Capital Distressed Debt Fund I, LP C/O MAK CAPITAL ONE LLC 590 MADISON AVENUE, SUITE 2401 NEW YORK NY 10022 0 0 1 0 Series A Convertible Preferred Stock 20.1676 2020-05-22 4 P 0 1437950 20.1676 A Common Stock 1437950 3498408 I See Footnote Series A Convertible Preferred Stock 20.1676 2020-05-22 4 P 0 297507 20.1676 A Common Stock 297507 297507 I See Footnote MAK Capital Fund LP ("MAK Fund") acquired 1,437,950 shares of Series A Serial Preferred Stock, without par value (the "Convertible Preferred Stock") pursuant to the Investment Agreement dated May 11, 2020 ("Investment Agreement") between Issuer and MAK Capital One LLC ("MAK Capital"). MAK Capital Distressed Debt Fund I, LP ("MAK CDD Fund") acquired 297,507 shares of Convertible Preferred Stock pursuant to the Investment Agreement. The Convertible Preferred Stock is convertible into a share of common stock, without par value ("Common Stock"), at any time on a one-for-one basis, subject to anti-dilution adjustment and certain approvals, if required, and has no expiration date. MAK Capital acts as the investment manager of MAK Fund and 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 Convertible Preferred Stock and the shares of Common Stock issuable upon conversion of the Convertible Preferred 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. /s/ Michael A. Kaufman, individually, and as Managing Member of MAK Capital One LLC and Authorized Signatory of MAK Capital Fund LP and MAK Capital Distressed Debt Fund I, LP 2020-05-26