The Hackett Group, Inc. (NASDAQ:HCKT) Files An 8-K Results of Operations and Financial Condition

The Hackett Group, Inc. (NASDAQ:HCKT) Files An 8-K Results of Operations and Financial Condition

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Item2.02

Results of Operations and Financial Condition.

On May 9, 2017, The Hackett Group, Inc. (the Company) issued a
press release setting forth its consolidated financial results
for the first fiscal quarter ended March 31, 2017. A copy of the
press release is attached hereto as Exhibit 99.1 and is
incorporated by reference herein.

The information contained in Item2.02 of this current report on
Form8-K, as well as Exhibit99.1, is being furnished to the
Securities and Exchange Commission and shall not be deemed filed
with the Securities and Exchange Commission nor incorporated by
reference in any registration statement filed by the Company
under the Securities Act of 1933, as amended.

Item5.07 Submission of Matters to a Vote of Security Holders.

The 2017 Annual Meeting of Shareholders of the Company was held
on May3, 2017. Matters submitted to shareholders at the meeting
and the voting results thereof were as follows:

Proposal 1 Election of Directors. The shareholders of the Company
elected the director nominee named below to serve until the 2020
Annual Meeting of Shareholders and until its successor is duly
elected and qualified. The following is a breakdown of the voting
results:

BROKER

DIRECTOR

FOR

WITHHELD

NON-VOTES

John R. Harris

21,464,988

710,110

3,555,355

Proposal 2 Amendment to the Company’s 1998 Stock Option and
Incentive Plan. The shareholders of the Company approved an
amendment to the Companys 1988 Stock Option and Incentive Plan
(the Plan) to (i) increase the sublimit under the Plan for
issuances of restricted stock and restricted stock units by
1,200,000 shares, and (ii) increase the total number of shares
available for issuance under the Plan by 1,200,000 shares. The
following is a breakdown of the voting results:

BROKER

FOR

AGAINST

ABSTAIN

NON-VOTES

19,155,672

3,010,950

8,476

3,555,355

Proposal 3 Amendment to the Company’s Employee Stock Plan. The
shareholders of the Company approved an amendment to the Companys
Employee Stock Plan (the Purchase Plan) to (i) increase the
number of shares authorized for issuance under the Purchase Plan
by 250,000 shares, and (ii) extend the term of the Purchase Plan
by five years until July 1, 2023. The following is a breakdown of
the voting results:

BROKER

FOR

AGAINST

ABSTAIN

NON-VOTES

21,994,031

179,161

1,906

3,555,355

Proposal 4 Advisory Vote on Executive Officer Compensation. The
shareholders of the Company approved an advisory vote on
executive officer compensation. The following is a breakdown of
the voting results:

BROKER

FOR

AGAINST

ABSTAIN

NON-VOTES

17,073,824

3,917,676

1,183,598

3,555,355

Proposal 5 Advisory Vote on the Frequency of Future Advisory
Votes on Executive Compensation. The shareholders of the Company
voted in favor of a frequency of holding future advisory votes on
executive compensation every year. The following is a breakdown
of the voting results:

BROKER

1 YEAR

2 YEARS

3 YEARS

ABSTAIN

NON-VOTES

17,862,062

5,732

4,269,262

38,042

3,555,355

In accordance with its own recommendation and the shareholders
voting results on Proposal 4, the Companys Board of Directors has
determined to hold an advisory vote on executive compensation
every year at the Companys Annual Meeting of Shareholders until
the next required vote by shareholders on the frequency of
shareholder votes on the compensation of executives. Accordingly,
the next advisory vote on executive compensation will be held at
the 2018 Annual Meeting of Shareholders.

2

Proposal 6 Appointment of RSM US LLP as Independent Auditor. The
shareholders of the Company ratified the appointment of RSM US
LLP as the Companys independent registered public accounting firm
for the 2017 fiscal year. The following is a breakdown of the
voting results:

FOR

AGAINST

ABSTAIN

NON-VOTES

25,686,390

28,087

15,976

Item9.01 Financial Statements and Exhibits.

(d)

Exhibits

See Exhibit Index attached hereto.

3


About The Hackett Group, Inc. (NASDAQ:HCKT)

The Hackett Group, Inc. is an advisory and technology consulting company. The Company’s services include business transformation, enterprise performance management, working capital management and global business services. The Company is engaged in providing business and technology consulting services. The Company also provides expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement, and information technology, including Oracle Enterprise Performance Management (EPM) and SAP practices. The Company offers a range of services, including executive advisory programs, benchmarking, business transformation and technology consulting services. The Company’s Business Transformation programs help clients develop a coordinated strategy for achieving performance improvements across the enterprise. Its enterprise resource planning (ERP) solutions help clients choose and deploy the software applications that meet their needs and objectives.

The Hackett Group, Inc. (NASDAQ:HCKT) Recent Trading Information

The Hackett Group, Inc. (NASDAQ:HCKT) closed its last trading session up +0.42 at 20.24 with 86,938 shares trading hands.

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