WARRANTS (Tables)

9 Months Ended

Sep. 26, 2021

Warrants

Schedule of Warrant Activity

The Company’s warrant activity for the thirty-nine weeks ended September 26, 2021 was as follows:

	Number of Shares	Weighted Average Exercise Price (1)		Weighted Average Remaining Contractual Life (Years)
Warrants outstanding at December 27, 2020	2,273,533	$	4.60	3.5
Grants	8,184	$	3.88	3.8
Exercised	(475,853)	$	3.88	3.7
Cancelled	(2,849)	$	3.88	3.8
Warrants outstanding at September 26, 2021	1,803,015	$	4.76	3.5
Warrants exercisable at September 26, 2021	1,803,015	$	4.76	3.5

(1) Pricing adjusted for dividends and Class B stock dividend.