Company: HCKT
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-030037
Chunk: 66

Company: HACKETT GROUP, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 66
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 tax positions over the next twelve months. The reversal of ASC 740-10 tax liabilities as of December 27, 2024 and December 29, 2023 would have a favorable impact on the effective tax rate in future period.

10. Stock Based CompensationStock PlanTotal share-based compensation included in net income for the years ended December 27, 2024, December 29, 2023, and December 30, 2022 is as follows: 

        Year Ended

        December 27,

        December 29,

        December 30,

        2024

        2023

        2022

        Restricted stock units
         
        $
        19,524

        $
        10,714

        $
        10,252

        Common stock subject to vesting requirements

        —

        10

        15

        $
        19,524

        $
        10,724

        $
        10,267

       The number of shares available for future issuance under the Company's stock plans as of December 27, 2024 were 0.2 million. The Company issues new shares as they are required to be delivered under the plan.Stock Options and SARs There were no outstanding stock options or SARs as of December 27, 2024 and December 29, 2023.         

52

THE HACKETT GROUP, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 

10. Stock Based Compensation (continued)Restricted Stock UnitsUnder the Company's stock plan, participants may be granted restricted stock units, each of which represents a conditional right to receive a common share in the future. The restricted stock units granted under this plan generally vest over one of the following vesting schedules: (1) a four-year period, with 50% vesting on the second anniversary and 25% of the shares vesting on the third and fourth anniversaries of the grant date, (2) a four-year period, with 25% vesting on the first, second, third and fourth anniversary, (3) a three-year period with 33% vesting on the first, second and third anniversary, or (4) a one-year period with 100% vest on the first anniversary. Upon vesting, the restricted stock units will convert into an equivalent number of shares of common stock. The amount of expense relating to the restricted stock units is based on the closing