David N. Dungan - Dec 20, 2021 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: Dec 20, 2021
Transactions value $: -$7,105,300
Form type: 4
Date filed: 12/22/2021, 07:53 PM
Next filing: Feb 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCKT	Common Stock	Options Exercise	$4.02M	+1M	+152.72%	$4.00^*	1.66M	Dec 20, 2021	Direct	F1
transaction	HCKT	Common Stock	Tax liability	-$11.1M	-561K	-33.79%	$19.81	1.1M	Dec 20, 2021	Direct	F1
holding	HCKT	Common Stock						95K	Dec 20, 2021	Jeanine G. Dungan 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	Stock Appreciation Right	Options Exercise	$0	-1M	-100%	$0.00^*	0	Dec 20, 2021	Common Stock	1M	$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 45,739 unvested RSUs.
F2	The stock appreciation rights vested 50% on February 20, 2015 and 50% on February 19, 2016.