David N. Dungan - Sep 16, 2024 Form 4 Insider Report for HACKETT GROUP, INC. (HCKT)

Role: Vice Chairman and COO, Director
Signature: /s/ Frank A. Zomerfeld, Attorney-in-Fact
Stock symbol: HCKT
Transactions as of: Sep 16, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/19/2025, 09:49 PM
Previous filing: Feb 22, 2023
Next filing: Feb 24, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCKT	Common Stock	Award	$0	+32K	+4.43%	$0.00	755K	Feb 14, 2025	Direct	F1, F2
holding	HCKT	Common Stock						92.7K	Sep 16, 2024	DND Family Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HCKT	Performance Restricted Stock Units	Award	$0	+413K		$0.00	413K	Sep 16, 2024	Common Stock	413K		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units ("RSUs"). The RSUs vest in three equal installments beginning February 14, 2026. Upon vesting of the RSUs, the reporting person receives shares of common stock on a one-for-one basis.
F2	Includes 69,256 unvested RSUs.
F3	Represents a grant of performance restricted stock units ("PRSUs"). These PRSUs, or a portion thereof, may become earned based on the Company's achievement of certain performance conditions over a performance period commencing on September 16, 2024 and ending on December 31, 2028. The PRSUs may be incrementally earned upon achievement of the following hurdle levels: 33.33%, 33.33% and 33.34% of the total number of PRSUs can be earned on each date that the Company's shares achieve a volume weighted average price of $30.00, $40.00, and $50.00, respectively, for a consecutive 20-trading day period.
F4	Notwithstanding the date of achievement of the stock price hurdles during the performance period, the PRSUs subject to the first, second and third stock price hurdles may not vest until the first, second and third anniversary of the grant date, respectively, which requires continued service through such date. Upon vesting of the PRSUs, the reporting person receives shares of common stock on a one-for-one basis.