Sec Form 4 Filing - Fitzwilliam Grant @ ANSWERTHINK INC - 2007-02-17

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Fitzwilliam Grant
2. Issuer Name and Ticker or Trading Symbol
ANSWERTHINK INC [ ANSR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Exec VP and CFO
(Last) (First) (Middle)
C/O ANSWERTHINK, INC., 1001 BRICKELL BAY DRIVE, SUITE 3000
3. Date of Earliest Transaction (MM/DD/YY)
02/17/2007
(Street)
MIAMI, FL33131
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/17/2007 M 13,141 A $ 0 ( 1 ) 27,376 D
Common Stock 02/17/2007 F 4,042 ( 2 ) D $ 3.47 23,334 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit $ 0 ( 1 ) 02/17/2007 M 13,141 ( 3 ) ( 4 ) Common Stock 13,141 $ 0 26,281 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Fitzwilliam Grant
C/O ANSWERTHINK, INC.
1001 BRICKELL BAY DRIVE, SUITE 3000
MIAMI, FL33131
Exec VP and CFO
Signatures
/s/ Frank A. Zomerfeld, Attorney-in-Fact 02/26/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Upon vesting of the restricted stock units, the reporting person receives shares of common stock on a one-for-one basis.
( 2 )These shares of common stock were withheld by the issuer to satisfy tax withholding and were not the subject of open market sales.
( 3 )The restricted stock units vested with respect to 1/3 of the units on February 17, 2007, and will vest with respect to the remaining units on two equal annual installments beginning on February 17, 2008.
( 4 )The restricted stock units have no expiration date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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