Ted A. Fernandez - 20 Dec 2021 Form 4 Insider Report for HACKETT GROUP, INC. (HCKT)

Role: Chairman and CEO, Director
Signature: /s/ Frank A. Zomerfeld, Attorney-in-Fact
Issuer symbol: HCKT
Transactions as of: 20 Dec 2021
Net transactions value: -$11,898,112
Form type: 4
Filing time: 22 Dec 2021, 19:53:32 UTC
Next filing: 04 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCKT	Common Stock	Options Exercise	$7,650,000	+1,912,500	+95%	$4.00^*	3,916,278	20 Dec 2021	Direct	F1
transaction	HCKT	Common Stock	Tax liability	$19,548,112	-986,780	-25%	$19.81	2,929,498	20 Dec 2021	Direct	F1
holding	HCKT	Common Stock						69,948	20 Dec 2021	Christina Fernandez
holding	HCKT	Common Stock						87,143	20 Dec 2021	Ted A. Fernandez, Jr

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	Stock Appreciation Right	Options Exercise	$0	-1,912,500	-100%	$0.000000^*	0	20 Dec 2021	Common Stock	1,912,500	$4.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Includes 87,121 unvested RSUs.
F2	The stock appreciation rights vested 50% on February 20, 2015 and 50% on February 19, 2016.