Shares Withheld

9 Months Ended

Dec. 25, 2022

Shares Withheld

Shares Withheld

Note 8. Shares Withheld

The Company withholds shares of common stock from its employees and directors at their request, equal to the minimum federal and state tax withholdings or proceeds due to the Company related to vested PSUs, stock option exercises and vested RSUs. Shares withheld are issued to Treasury stock and included in the number of shares of common stock issued, but are excluded from the number of shares of common stock outstanding. For the nine months ended December 25, 2022 and December 26, 2021, the aggregate value of the shares withheld totaled $158,100 and $66,400 respectively.