Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation (Tables)

v3.3.1.900
Stock Based Compensation (Tables)
12 Months Ended
Sep. 27, 2015
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of stock options granted to officers and employees
Date of   Shares     Exercise     Shares Outstanding     Expiration   Vesting
Grant   Granted     Price     As of 9/27/15     Date   Period
                           
03/30/09     1,415     $ 150.00       1,415     03/29/2016   3 years
05/14/09     1,267     $ 150.00       1,073     05/13/2016   4 years
12/09/11     46,070     $ 10.00       35,370     12/08/2018   4 years
12/19/13     25,000     $ 10.00       25,000     12/18/2020   4 years
Total     73,752               62,858          
Schedule of aggregate stock options granted under the incentive stock option plan
    Number     Weighted              
    of Shares     Average     Weighted     Aggregate  
    Remaining     Fair     Average     Value  
Subject to Exercise   Options     Value     Life (Years)     (Thousands)  
Outstanding as of September 29, 2013     48,248     $       3.56        
Granted – 2014     25,000     $ 10.00       5.22     $ 200  
Forfeited – 2014     (5,336 )   $                
Exercised – 2014     (5,000 )   $ 10.00                
Outstanding as of September 28, 2014     62,912     $       3.41        
Granted – 2015         $               $    
Forfeited – 2015     (54 )   $                  
Exercised – 2015         $                  
Outstanding as of September 27, 2015     62,858               2.32     $  
                                 
Exercisable as of September 28, 2014     20,202     $       1.76     $  
                                 
Exercisable as of September 27, 2015     40,266     $       1.45     $  
Schedule of aggregate non-vested shares granted under the 2009 Stock Option Plan
    Number of
Non-vested 
Shares
Subject to
Options
    Weighted-
Average 
Grant- 
Date 
Fair Value
 
Non-vested as of September 29, 2013     30,548     $ 7.00  
Non-vested granted — year ended September 28, 2014     25,000     $ 8.00  
Vested — year ended September 28, 2014     (7,502 )   $  
Forfeited — year ended September 28, 2014     (5,336 )   $  
Non-vested as of September 28, 2014     42,710     $ 7.58  
Non-vested granted — year ended September 27, 2015         $  
Vested — year ended September 27, 2015     (20,064 )   $ 7.50  
Forfeited — year ended September 27, 2015     (54 )   $  
Non-vested as of September 27, 2015     22,592     $ 7.66  
Schedule of warrants outstanding
    Grant Date   Warrants 
Granted
    Exercise 
Price
    Outstanding as
of 
9/27/15
    Expiration 
Date
  Term
Avidbank — Line of Credit   3/4/2010     1,000     $ 100.00       1,000     3/3/2016   6 years
Total Warrants         1,000               1,000