Stock-Based Compensation

6 Months Ended

Dec. 23, 2018

(4)	Stock-Based Compensation

Stock Options:

For the fiscal quarter ended December 23, 2018, the Company did not recognize any stock-based compensation expense related to stock options compared to $10 thousand in the same period of the prior year. As of December 23, 2018, there was no unamortized stock-based compensation expense related to stock options.

The following table summarizes the number of shares of the Company’s common stock subject to outstanding stock options:

	Six Months Ended
	December 23, 2018			December 24, 2017
	Shares			Shares
Outstanding at beginning of year		478,056			478,056

Granted		-			-
Exercised		-			-
Forfeited/Canceled/Expired		(190,000	)		-

Outstanding at end of period		288,056			478,056

Exercisable at end of Period		288,056			438,056

Restricted Stock Units:

For the fiscal quarter ended December 23, 2018, the Company recognized $0.2 million in stock-based compensation expense related to RSU’s compared to no expense in the same period of the prior year. For the six month period ended December 23, 2018, the Company recognized $0.3 million in stock-based compensation expense related to RSU’s compared to no expense in the same period of the prior year. As of December 23, 2018, unamortized stock-based compensation expense related to RSU’s was $0.6 million.

A summary of the status of restricted stock units as of December 23, 2018 and changes during the fiscal six month period then ended is presented below:

Number of Restricted Stock Units

Unvested at June 24, 2018	908,293
Granted	-
Vested	-
Forfeited	(164,520	)
Unvested at December 23, 2018	743,773