Company: HCKT
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0000950170-25-043233
Chunk: 37

Company: HACKETT GROUP, INC.
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 37
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| Robert A. Ramirez(3) |     | September 16, 2024 |     |              |           |     |              |  72,000 |     |               |  1,107,600 |

One third of each equity grant vests annually beginning with the first anniversary of the grant date. (See “Compensation Discussion and Analysis” beginning on page 14 of this proxy statement for a discussion of the performance criteria and how these performance-based awards are determined).

Amounts shown in this column are based on the aggregate grant date fair value, computed in accordance with FASB ASC Topic 718, as amended, of grants of performance-based restricted stock units, including restricted stock units issued in connection with the Stock Price Awards to the named executive officers in the applicable fiscal year. Assumptions used in the calculation of the amounts in this column are described in Note 10 to the Company's audited consolidated financial statements contained in its Form 10-K for the fiscal year ended December 27, 2024.

Represents Stock Price Awards that can be earned based on the Company’s achievement of three share price targets within a performance period from the date of grant through December 31, 2028. 33.33%, 33.33% and 33.34% of the award is earned on each date on which the Company achieves volume weighted average price per share price targets of $30.00, $40.00, and $50.00, respectively, for a consecutive 20-trading day period with vesting subject to certain time vesting conditions. (See “The Elements of Executive Compensation at the Company” on page 15 of this proxy statement for more information about these Stock Price Awards. See “Executive Compensation Decisions for 2024” on page 19 of this proxy statement for more information about these restricted stock units).

Mr. Ramirez received a grant of 5,128 restricted stock units on February 16, 2024 which vested in full one year from the date of grant subject to Mr. Ramirez’ satisfaction of the achievement of personal management objectives established. (See “Executive Compensation Decisions for 2024” on page 19 of this proxy statement for more information about these restricted stock units).

Equity Compensation Plan Information

The Company maintains The Hackett Group, Inc. 1998 Stock Option and Incentive Plan, as amended (the “Plan”) and The Hackett Group, Inc. Employee Stock Purchase Plan, as amended (the