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Award Timing Disclosure | 12 Months Ended
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Dec. 29, 2024
Award Timing Disclosures [Line Items] |
Award Timing MNPI Disclosure | Policies and Practices Related to Grants of Equity Close in Time to Release of Material Nonpublic Information From time to time, we grant stock options to our employees, including our named executive officers. Historically, we have granted new-hire option awards on or soon after a new hire’s employment start date and annual refresh employee option grants in the first quarter of each fiscal year, which annual grants are typically approved at the regularly scheduled meeting of the Board or the Compensation Committee (with respect to our executive officers and certain other senior executives) or the Equity Grant Committee (with respect to other employees) occurring in the first fiscal quarter. The Company’s Equity Grant Policy provides that it is the intent of the Company that no equity awards will be backdated, nor will the timing of the public release of material information or of the grant of an equity award be manipulated with the intent of benefiting an award recipient. The grant date for equity awards approved by the Compensation Committee or Board to officers and other designated executives will be the date of the approval of such awards by the Compensation Committee or Board, as applicable, if granted in connection with a regularly-scheduled meeting, and otherwise will be the 15 th day of the month following the date of approval of the equity award, unless a subsequent grant date is specified (such as where an award is approved in advance of, contingent upon, and effective as of a prospective employee’s start date). Equity grants to directors are made automatically as of their start date and then automatically thereafter as of each annual meeting, without any further action being required. Equity grants to employees below the Senior Vice President level are generally made by our Equity Grant Committee (the “EGC”). To receive a grant from the EGC, an individual must be employed by the Company on or prior to the last day of the immediately preceding calendar month prior to the applicable EGC meeting to be included in the list for approval (the “Cut-Off Date”). The effective grant date for equity awards approved by the EGC is the 15 th day of the month following the month in which the Cut-Off Date occurs, unless the meeting is later than the 10 th day of the month following the month in which the Cut-Off Date occurs, in which case the effective grant date for the equity awards approved by the EGC is the 5 th day following the date of the EGC’s meeting. The Company does not otherwise maintain any written policies on the timing of awards of stock options, stock appreciation rights, or similar instruments with option-like features. The Compensation Committee considers whether there is any material nonpublic information (“MNPI”) about the Company when determining the timing of stock option grants and does not seek to time the award of stock options in relation to the Company’s public disclosure of MNPI. The Company has not timed the release of MNPI for the purpose of affecting the value of executive compensation.

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