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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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SCHEDULE 13D |
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(Amendment No. 3)* |
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Under the Securities Exchange Act of 1934
Agilysys, Inc.
(Name of Issuer)
Common Stock, without par value
(Title of Class of Securities)
00847J105
(CUSIP Number)
Douglas W. Ambrose
Paloma Partners Management Company
Two American Lane
Greenwich, CT 06836
(203) 861-3236
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 19, 2018
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 00847J105 | |||||
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Name of Reporting Person | |||
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Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
o | ||
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(b) |
x | ||
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SEC Use Only | |||
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Source of Funds (See Instructions) | |||
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||
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Citizenship or Place of Organization | |||
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Number of |
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Sole Voting Power | |||
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Shared Voting Power | ||||
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9 |
Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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14 |
Type of Reporting Person (See Instructions) | |||
(1) Based upon a total of 23,234,705 outstanding ordinary shares of the Issuer as of May 21, 2018, as reported in the Issuers annual report on Form 10-K filed with the SEC on May 25, 2018 for the year ended March 31, 2018.
CUSIP No. 00847J105 | |||||
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1 |
Name of Reporting Person | |||
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2 |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
o | ||
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Source of Funds (See Instructions) | |||
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5 |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
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8 |
Shared Voting Power | ||||
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Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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14 |
Type of Reporting Person (See Instructions) | |||
(2) Based upon a total of 23,234,705 outstanding ordinary shares of the Issuer as of May 21, 2018, as reported in the Issuers annual report on Form 10-K filed with the SEC on May 25, 2018 for the year ended March 31, 2018.
CUSIP No. 00847J105 | |||||
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1 |
Name of Reporting Person | |||
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2 |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
o | ||
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Source of Funds (See Instructions) | |||
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5 |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
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8 |
Shared Voting Power | ||||
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9 |
Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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14 |
Type of Reporting Person (See Instructions) | |||
(3) Based upon a total of 23,234,705 outstanding ordinary shares of the Issuer as of May 21, 2018, as reported in the Issuers annual report on Form 10-K filed with the SEC on May 25, 2018 for the year ended March 31, 2018.
CUSIP No. 00847J105 | |||||
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1 |
Name of Reporting Person | |||
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2 |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
o | ||
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Source of Funds (See Instructions) | |||
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5 |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
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8 |
Shared Voting Power | ||||
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9 |
Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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14 |
Type of Reporting Person (See Instructions) | |||
(4) Based upon a total of 23,234,705 outstanding ordinary shares of the Issuer as of May 21, 2018, as reported in the Issuers annual report on Form 10-K filed with the SEC on May 25, 2018 for the year ended March 31, 2018.
CUSIP No. 00847J105 | |||||
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1 |
Name of Reporting Person | |||
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2 |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
o | ||
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Source of Funds (See Instructions) | |||
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5 |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
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8 |
Shared Voting Power | ||||
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9 |
Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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14 |
Type of Reporting Person (See Instructions) | |||
(5) Based upon a total of 23,234,705 outstanding ordinary shares of the Issuer as of May 21, 2018, as reported in the Issuers annual report on Form 10-K filed with the SEC on May 25, 2018 for the year ended March 31, 2018.
CUSIP No. 00847J105 | |||||
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1 |
Name of Reporting Person | |||
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2 |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
o | ||
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Source of Funds (See Instructions) | |||
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5 |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
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8 |
Shared Voting Power | ||||
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9 |
Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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14 |
Type of Reporting Person (See Instructions) | |||
(6) Based upon a total of 23,234,705 outstanding ordinary shares of the Issuer as of May 21, 2018, as reported in the Issuers annual report on Form 10-K filed with the SEC on May 25, 2018 for the year ended March 31, 2018.
CUSIP No. 00847J105 | |||||
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1 |
Name of Reporting Person | |||
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2 |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
o | ||
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Source of Funds (See Instructions) | |||
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5 |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o | |||
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6 |
Citizenship or Place of Organization | |||
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Number of |
7 |
Sole Voting Power | |||
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8 |
Shared Voting Power | ||||
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9 |
Sole Dispositive Power | ||||
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10 |
Shared Dispositive Power | ||||
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11 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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12 |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o | |||
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13 |
Percent of Class Represented by Amount in Row (11) | |||
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14 |
Type of Reporting Person (See Instructions) | |||
(7) Based upon a total of 23,234,705 outstanding ordinary shares of the Issuer as of May 21, 2018, as reported in the Issuers annual report on Form 10-K filed with the SEC on May 25, 2018 for the year ended March 31, 2018.
Item 1. Security and the Issuer
This statement on Schedule 13D (this Statement) relates to the ordinary shares, without par value (the Common Stock), of Agilysys, Inc., an Ohio corporation. The principal executive offices of the Issuer are located at 425 Walnut Street, Suite 1800, Cincinnati, Ohio.
Item. 2 Identity and Background
(a) This Statement is filed jointly on behalf of the following persons: Sunrise Partners Limited Partnership, a Cayman Islands limited partnership, Paloma International L.P., a Cayman Islands limited partnership, Paloma Partners Management Company, a Delaware corporation, Paloma Partners Advisors LP, a Delaware limited partnership, Paloma Partners Advisors Inc., a Delaware corporation, Gregory Hayt, a United States citizen and S. Donald Sussman, a United States citizen (collectively, the Reporting Persons). The Reporting Persons are filing this Statement jointly, and the agreement among the Reporting Persons to file jointly is attached hereto as Exhibit 1 and incorporated herein by reference (the Joint Filing Agreement).
(b) The business addresses of the Reporting Persons are as follows:
Sunrise Partners Limited Partnership
Maples Corporate Services Limited
P.O. Box 309, Ugland House
Grand Cayman, KY1-1104, Cayman Islands
Paloma International L.P.
Maples Corporate Services Limited
P.O. Box 309, Ugland House
Grand Cayman, KY1-1104, Cayman Islands
Paloma Partners Management Company
Two American Lane
Greenwich, CT 06836
Paloma Partners Advisors LP
888 E. Las Olas Blvd.
Ft. Lauderdale, FL 33301
Paloma Partners Advisors Inc.
c/o Paloma Partners Advisors LP
888 E. Las Olas Blvd.
Ft. Lauderdale, FL 33301
Gregory Hayt
c/o Paloma Partners Management Company
Two American Lane
Greenwich, CT 06836
S. Donald Sussman
c/o Paloma Partners Advisors LP
888 E. Las Olas Blvd.
Ft. Lauderdale, FL 33301
(c) The present principal occupation of Mr. Sussman is serving as an officer and a director of Paloma Partners Management Company and Paloma Partners Advisors Inc., and as a limited
partner in Paloma Partners Advisors LP The present principal occupation of Mr. Hayt is serving as the president and a director of Paloma Partners Management Company.
(d) No Reporting Person has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) No Reporting Person has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which such Reporting Person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f) The citizenship of each of the Reporting Persons is as follows:
Sunrise Partners Limited Partnership Cayman Islands
Paloma International L.P. Cayman Islands
Paloma Partners Management Company Delaware
Paloma Partners Advisors LP Delaware
Paloma Partners Advisors Inc. Delaware
Gregory Hayt United States of America
S. Donald Sussman United States of America
Item 3. Source and Amount of Funds or Other Consideration
Not applicable.
Item 4. Purpose of Transaction
The filing of this Amendment No. 3 represents the final amendment to the Schedule 13D and constitutes an exit filing for the Reporting Persons.
Item 5. Interest in Securities of the Issuer
The following information with respect to the ownership of the Common Stock is provided as of the date hereof:
Reporting Person |
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Amount |
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Percent |
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Sole power |
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Shared |
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Sole power to |
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Shared |
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Sunrise Partners Limited Partnership (1) |
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1,144,473 |
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4.93 |
% |
0 |
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1,144,473 |
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0 |
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1,144,473 |
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Paloma International L.P. (2) |
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1,144,473 |
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4.93 |
% |
0 |
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1,144,473 |
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0 |
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1,144,473 |
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Paloma Partners Management Company (3) |
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1,144,473 |
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4.93 |
% |
0 |
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1,144,473 |
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0 |
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1,144,473 |
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Paloma Partners Advisors LP (4) |
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1,144,473 |
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4.93 |
% |
0 |
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1,144,473 |
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0 |
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1,144,473 |
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Paloma Partners Advisors Inc. (5) |
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1,144,473 |
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4.93 |
% |
0 |
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1,144,473 |
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0 |
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1,144,473 |
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Gregory Hayt (6) |
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1,144,473 |
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4.93 |
% |
0 |
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1,144,473 |
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0 |
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1,144,473 |
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S. Donald Sussman (7) |
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1,144,473 |
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4.93 |
% |
0 |
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1,144,473 |
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0 |
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1,144,473 |
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(1) Sunrise Partners Limited Partnership is the record owner of 1,144,473 shares of Common Stock.
(2) Paloma International L.P., as the parent company of Sunrise Partners Limited Partnership, may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Common Stock directly held by Sunrise Partners Limited Partnership.
(3) Paloma Partners Management Company, as general partner and investment adviser of Paloma International L.P., may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Common Stock directly held by Sunrise Partners Limited Partnership.
(4) Paloma Partners Advisors LP, as general partner of Paloma International L.P., may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Common Stock held directly by Sunrise Partners Limited Partnership.
(5) Paloma Partners Advisors Inc., as the general partner of Paloma Partners Advisors LP, may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Common Stock held directly by Sunrise Partners Limited Partnership.
(6) Gregory Hayt, as the president and a director of Paloma Partners Management Company, may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Common Stock held directly by Sunrise Partners Limited Partnership.
(7) S. Donald Sussman, as an officer, director and majority shareholder of Paloma Partners Management Company and Paloma Partners Advisors Inc. may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Common Stock held directly by Sunrise Partners Limited Partnership.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
Not applicable.
Item 7. Material to be Filed as Exhibits
Exhibit 1 Joint Filing Agreement, dated November 2, 2017, by and among the Reporting Persons.
SIGNATURES
After reasonable inquiry and to the best of each of the undersigneds knowledge and belief, each of the undersigned, severally and not jointly, certifies that the information set forth in this statement is true, complete and correct.
Dated: June 20, 2018
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SUNRISE PARTNERS LIMITED PARTNERSHIP |
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By: Paloma International L.P., parent holder |
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By Paloma Partners Management Company, general partner |
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By: |
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/s/ DOUGLAS W. AMBROSE |
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By: Douglas W. Ambrose |
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Title: Executive Vice President |
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PALOMA INTERNATIONAL L.P. |
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By Paloma Partners Management Company, general partner |
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By: |
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/s/ DOUGLAS W. AMBROSE |
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By: Douglas W. Ambrose |
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Title: Executive Vice President |
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PALOMA PARTNERS MANAGEMENT COMPANY |
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By: |
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/s/ DOUGLAS W. AMBROSE |
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By: Douglas W. Ambrose |
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Title: Executive Vice President |
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PALOMA PARTNERS ADVISORS LP |
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By: Paloma Partners Advisors Inc., general partner |
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By: |
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/s/ S. DONALD SUSSMAN |
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By: S. Donald Sussman |
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Title: President |
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PALOMA PARTNERS ADVISORS INC. |
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By: |
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/s/ S. DONALD SUSSMAN |
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By: S. Donald Sussman |
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Title: President |
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GREGORY HAYT |
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/s/ GREGORY HAYT |
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Gregory Hayt |
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S. DONALD SUSSMAN |
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/s/ S. DONALD SUSSMAN |
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S. Donald Sussman |