Stock-Based Compensation

3 Months Ended

Sep. 26, 2021

Stock-Based Compensation [Abstract]

Stock-Based Compensation

Note E - Stock-Based Compensation

Stock Options:

For the fiscal quarters ended September 26, 2021 and September 27, 2020, the Company did not recognize any stock-based compensation expense related to stock options. As of September 26, 2021, 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:

	Three Months Ended
	September 26, 2021		September 27, 2020
	Shares		Shares
Outstanding at beginning of year		166,750		206,750
Granted		—		—
Exercised		—		—
Forfeited/Canceled/Expired		—		—
Outstanding at end of period		166,750		206,750
Exercisable at end of period		166,750		206,750

Restricted Stock Units:

For the three months ended September 26, 2021 and September 27, 2020, the Company had stock-based compensation expense of $42 thousand and zero, respectively, related to RSUs. As of September 26, 2021, there was no unamortized stock-based compensation expense related to RSUs.

A summary of the status of restricted stock units as of September 26, 2021, and changes during the three months then ended is presented below:

Unvested at June 27, 2021	545,600
Granted	—
Issued	—
Forfeited	(22,412	)
Unvested at September 26, 2021	523,188