v3.25.1
Award Timing Disclosure
12 Months Ended
Mar. 29, 2025
May 17, 2024
USD ($)
shares
$ / shares
Award Timing Disclosures [Line Items]    
Award Timing MNPI Disclosure
Timing of Equity Awards
The Compensation Committee approves all long-term incentive compensation for our Named Executive Officers. The Committee meets in mid-May each year to approve annual equity award grants to our Named Executive Officers, with individual grant values generally allocated between PSUs, RSUs and option awards (see "Fiscal 2025 Long-Term Incentive Award Types" beginning on page 33). This meeting is scheduled each year to occur at least two business days following the public release of the Company’s earnings results for the prior fiscal year, at which time the Company generally expects all material nonpublic information to have been disclosed publicly and its regular trading window for its first fiscal quarter to have opened. The Committee also has authority to approve off-cycle grants for Named Executive Officers, which typically occur in connection with a new hire and are structured such that the grant date coincides with the first business day of the month following the Committee’s approval of such awards. To the extent applicable, the Committee will evaluate the potential impact of material nonpublic information when considering prospective equity awards to Named Executive Officers and does not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.
The Compensation Committee did not grant any equity awards to Named Executive Officers in fiscal 2025 during a period beginning four business days before, or one business day after (i) the filing of a periodic report on Form 10-Q or (ii) or the filing or furnishing of a current report on Form 8-K that discloses material non-public information. The Compensation Committee granted the following stock option awards to Named Executive Officers in fiscal 2025 during a period beginning four business days before, or one business day after the filing of a periodic report on Form 10-K, but subsequent to our earlier disclosure on May 9, 2024 of our fiscal 2024 earnings results on Form 8-K:
Name
Grant Date
Number of
securities
underlying
the award
Exercise
price of
the award
($/Sh)
Grant date
fair value
of the
award($)(1)
Percentage change in the closing market price of the
securities underlying the award between the trading
day ending immediately prior to the filing of the
Company’s Form 10-K for the fiscal year ended
March 30, 2024 and the trading day beginning
immediately following the filing of the Company’s
Form 10-K for the fiscal year ended March 30, 2024(2)
Christopher A. SimonMay 17, 202432,140 $95.73 $1,399,974 (0.48)%
James C. D'AreccaMay 17, 20249,756 $95.73 $424,958 (0.48)%
Michelle L. BasilMay 17, 20249,183 $95.73 $399,999 (0.48)%
Roy GalvinMay 17, 20246,313 $95.73 $274,986 (0.48)%
Stewart W. StrongMay 17, 20246,313 $95.73 $274,986 (0.48)%
(1)Rounded to nearest whole dollar and represents the grant date fair value of stock option awards calculated in accordance with FASB ASC Topic 718, Compensation - Stock Compensation. For more information see footnote 3 to the Summary Compensation Table beginning on page 40.
(2)The Company filed its Annual Report on Form 10-K for the fiscal year ended March 30, 2024 before market open on May 20, 2024.
 
Award Timing Method The Compensation Committee approves all long-term incentive compensation for our Named Executive Officers. The Committee meets in mid-May each year to approve annual equity award grants to our Named Executive Officers, with individual grant values generally allocated between PSUs, RSUs and option awards (see "Fiscal 2025 Long-Term Incentive Award Types" beginning on page 33). This meeting is scheduled each year to occur at least two business days following the public release of the Company’s earnings results for the prior fiscal year, at which time the Company generally expects all material nonpublic information to have been disclosed publicly and its regular trading window for its first fiscal quarter to have opened. The Committee also has authority to approve off-cycle grants for Named Executive Officers, which typically occur in connection with a new hire and are structured such that the grant date coincides with the first business day of the month following the Committee’s approval of such awards.  
Award Timing Predetermined true  
Award Timing MNPI Considered true  
Award Timing, How MNPI Considered o the extent applicable, the Committee will evaluate the potential impact of material nonpublic information when considering prospective equity awards to Named Executive Officers  
MNPI Disclosure Timed for Compensation Value false  
Awards Close in Time to MNPI Disclosures, Table
The Compensation Committee did not grant any equity awards to Named Executive Officers in fiscal 2025 during a period beginning four business days before, or one business day after (i) the filing of a periodic report on Form 10-Q or (ii) or the filing or furnishing of a current report on Form 8-K that discloses material non-public information. The Compensation Committee granted the following stock option awards to Named Executive Officers in fiscal 2025 during a period beginning four business days before, or one business day after the filing of a periodic report on Form 10-K, but subsequent to our earlier disclosure on May 9, 2024 of our fiscal 2024 earnings results on Form 8-K:
Name
Grant Date
Number of
securities
underlying
the award
Exercise
price of
the award
($/Sh)
Grant date
fair value
of the
award($)(1)
Percentage change in the closing market price of the
securities underlying the award between the trading
day ending immediately prior to the filing of the
Company’s Form 10-K for the fiscal year ended
March 30, 2024 and the trading day beginning
immediately following the filing of the Company’s
Form 10-K for the fiscal year ended March 30, 2024(2)
Christopher A. SimonMay 17, 202432,140 $95.73 $1,399,974 (0.48)%
James C. D'AreccaMay 17, 20249,756 $95.73 $424,958 (0.48)%
Michelle L. BasilMay 17, 20249,183 $95.73 $399,999 (0.48)%
Roy GalvinMay 17, 20246,313 $95.73 $274,986 (0.48)%
Stewart W. StrongMay 17, 20246,313 $95.73 $274,986 (0.48)%
(1)Rounded to nearest whole dollar and represents the grant date fair value of stock option awards calculated in accordance with FASB ASC Topic 718, Compensation - Stock Compensation. For more information see footnote 3 to the Summary Compensation Table beginning on page 40.
(2)The Company filed its Annual Report on Form 10-K for the fiscal year ended March 30, 2024 before market open on May 20, 2024
 
Christoper Simon [Member]    
Awards Close in Time to MNPI Disclosures    
Name   Christopher A. Simon
Underlying Securities | shares   32,140
Exercise Price | $ / shares   $ 95.73
Fair Value as of Grant Date | $   $ 1,399,974
Underlying Security Market Price Change   (0.0048)
James DArecca [Member]    
Awards Close in Time to MNPI Disclosures    
Name   James C. D'Arecca
Underlying Securities | shares   9,756
Exercise Price | $ / shares   $ 95.73
Fair Value as of Grant Date | $   $ 424,958
Underlying Security Market Price Change   (0.0048)
Michelle Basil [Member]    
Awards Close in Time to MNPI Disclosures    
Name   Michelle L. Basil
Underlying Securities | shares   9,183
Exercise Price | $ / shares   $ 95.73
Fair Value as of Grant Date | $   $ 399,999
Underlying Security Market Price Change   (0.0048)
Roy Galvin [Member]    
Awards Close in Time to MNPI Disclosures    
Name   Roy Galvin
Underlying Securities | shares   6,313
Exercise Price | $ / shares   $ 95.73
Fair Value as of Grant Date | $   $ 274,986
Underlying Security Market Price Change   (0.0048)
Stewart Strong [Member]    
Awards Close in Time to MNPI Disclosures    
Name   Stewart W. Strong
Underlying Securities | shares   6,313
Exercise Price | $ / shares   $ 95.73
Fair Value as of Grant Date | $   $ 274,986
Underlying Security Market Price Change   (0.0048)