v3.22.4
Stock-Based Compensation
6 Months Ended
Dec. 25, 2022
Stock-Based Compensation [Abstract]  
Stock-Based Compensation

Note E - Stock-Based Compensation

Stock Options:

For the three and six months ended December 25, 2022, the Company recognized stock-based compensation expense related to stock options of $4 thousand and $8 thousand, respectively.  For the three and six months ended December 26, 2021, the Company recognized stock-based compensation expense related to stock options of zero and zero, respectively. As of December 25, 2022, there was $8 thousand 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:

   
Six Months Ended
 
   
December 25,
2022
   
December 26,
2021
 
   
Shares
   
Shares
 
Outstanding at beginning of year
   
111,750
     
166,750
 
                 
Granted
   
40,000
     
 
Exercised
   
     
 
Forfeited/Canceled/Expired
   
     
 
                 
Outstanding at end of period
   
151,750
     
166,750
 
                 
Exercisable at end of period
   
111,750
     
166,750
 

Restricted Stock Units:

For the three and six months ended December 25, 2022, the Company had stock-based compensation expense of $82 thousand and $165 thousand, respectively, related to RSUs. For the three and six months ended December 26, 2021, the Company had stock-based compensation expense of $42 thousand and $85 thousand, respectively, related to RSUs. As of December 25, 2022, there was $412 thousand unamortized stock-based compensation expense related to RSUs.

A summary of the status of restricted stock units as of December 25, 2022, and changes during the six months then ended is presented below:

Unvested at June 26, 2022
   
885,688
 
Granted
   
 
Issued
   
 
Forfeited
   
Unvested at December 25, 2022
   
885,688