Stock-Based Employee Compensation

2012 Long-Term Equity Incentive Plan

On July 16, 2012, we adopted the Del Frisco’s Restaurant Group, Inc. 2012 Long-Term Equity Incentive Plan (the “2012 Plan”), which allows us to grant stock options, restricted stock, restricted stock units, deferred stock units and other equity-based awards to directors, officers, key employees and other key individuals performing services for us. The 2012 Plan provided for granting of options to purchase shares of common stock at an exercise price not less than the fair value of the stock on the date of grant. Equity-based awards vest or become exercisable at various periods ranging from one to four years from the date of grant. The 2012 Plan has 2,232,800 shares of common stock authorized for issuance under the plan. At June 25, 2019 no shares of common stock were available for future grants under the 2012 Plan.

2019 Long-Term Equity Incentive Plan

On May 30, 2019, we adopted the Del Frisco’s Restaurant Group, Inc. 2019 Long-Term Equity Incentive Plan (the “2019 Plan"), which allows us to grant stock options, stock appreciation rights ("SAR"), restricted stock, restricted stock units and other equity-based awards to directors, officers, key employees and other key individuals performing services for us. The 2019 Plan provides for granting of SAR or options to purchase shares of common stock at an exercise price not less than the fair value of the stock on the date of grant. Equity-based awards vest or become exercisable at various periods ranging from one to four years from the date of grant. The 2019 Plan has 1,950,000 shares of common stock authorized for issuance under the plan. There were 467,300 shares of common stock issuable upon exercise of outstanding options and 1,603,701 restricted shares, restricted stock units and performance stock units outstanding at June 25, 2019, with 2,098,208 shares of common stock available for future grants.

The following table details our total share-based compensation cost, as well as where the costs were expensed:



	13 Weeks Ended				26 Weeks Ended
(Amounts in thousands)	June 25, 2019		June 26, 2018		June 25, 2019		June 26, 2018
Restaurant operating expenses	$	6	$	29	$	14	$	64
General and administrative costs	1,004		1,042		2,207		2,034
Total stock compensation cost	$	1,010	$	1,071	$	2,221	$	2,098

Restricted Stock, Restricted Stock Units, and Performance Stock Units

The following table summarizes restricted stock, restricted stock unit, and performance stock unit activity:



	26 Weeks Ended June 25, 2019
	Shares (000's)		Weighted average grant date fair value		Aggregate intrinsic value ($000's)
Outstanding at beginning of period	1,313		$	10.24
Granted	467		5.97
Vested	(127	)	15.81
Forfeited	(49	)	8.94
Outstanding at end of period	1,604		$	8.60	$	12,701

As of June 25, 2019, there was $8.6 million of total unrecognized compensation cost related to non-vested restricted stock, restricted stock units, and performance stock units. This cost is expected to be recognized over a period of approximately 1.9 years.

Stock Options

The following table summarizes stock option activity:



	26 Weeks Ended June 25, 2019
	Shares (000's)	Weighted average exercise price		Weighted average remaining contractual term	Aggregate intrinsic value ($000's)
Outstanding at beginning of period	467	$	18.54
Exercised	—	—
Forfeited	—	—
Outstanding at end of period	467	$	18.54	3.8 years	$	—
Options exercisable at end of period	467	$	18.54	3.8 years	$	—

As of June 25, 2019, all stock options were vested, accordingly all compensation costs related to vested stock options were recognized.