Stock-Based Compensation

9 Months Ended

Mar. 29, 2020

(6)	Stock-Based Compensation

Stock Options:

For the fiscal quarters ended March 29, 2020 and March 24, 2019, the Company did not recognize any stock-based compensation expense related to stock options. As of March 29, 2020, 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:

	Nine Months Ended

	March 29, 2020		March 24, 2019
	Shares		Shares
Outstanding at beginning of year		216,550		478,056

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

Outstanding at end of period		216,550		288,056

Exercisable at end of period		216,550		288,056

Restricted Stock Units:

For the three and nine months ended March 29, 2020, the Company had stock-based compensation credit of $19 thousand and $104 thousand, respectively, related to RSU’s. For the three and nine months ended March 24, 2019, the Company had stock-based compensation expense of $0.1 million and $0.4 million, respectively. As of March 29, 2020, unamortized stock-based compensation expense related to RSU’s was $9 thousand.

A summary of the status of restricted stock units as of March 29, 2020, and changes during the nine months then ended is presented below:

Number of Restricted Stock Units

Unvested at June 30, 2019	155,106
Granted	-
Vested	(9,053	)
Forfeited	(146,053	)
Unvested at March 29, 2020	-