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Note 11 - Stock Ownership Plans
9 Months Ended
Jun. 28, 2020
Notes to Financial Statements  
Share-based Payment Arrangement [Text Block]

11

STOCK OWNERSHIP PLANS

 

A summary of stock option activity during the 39 weeks ended June 28, 2020 follows:

 

(Thousands of Dollars and Shares, Except Per Share Data)

 

Shares

  Weighted Average Exercise Price  Weighted Average Remaining Contractual Term (Years)  Aggregate Intrinsic Value 
                 

Outstanding, September 29, 2019

  809   1.82         

Exercised

              

Cancelled

  (18)           

Outstanding, June 28, 2020

  791   1.82   1.1    

Exercisable, June 28, 2020

  791   1.82   1.1    

 

Restricted Common Stock

 

The table below summarizes restricted Common Stock activity during the 39 weeks ended June 28, 2020:

(Thousands of Shares, Except Per Share Data)

 

Shares

  Weighted Average Grant Date Fair Value 
         

Outstanding, September 29, 2019

  1,477   2.49 

Vested

  (605)  1.94 

Granted

  720   1.62 

Cancelled

  (37)  2.53 

Outstanding, June 28, 2020

  1,555   2.14 

 

Total unrecognized compensation expense for unvested restricted Common Stock at  June 28, 2020 is $1,503,000, which will be recognized over a weighted average period of 1.5 years.