Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation (Tables)

v3.20.4
Stock Based Compensation (Tables)
12 Months Ended
Sep. 27, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Aggregate Non-vested Restricted Stock Units Granted

The following table summarizes the status of Optex Systems Holdings’ aggregate non-vested restricted stock units granted under the Company’s 2016 Restricted Stock Unit Plan:

 

    Outstanding
Unvested
RSU’s
    Wgt
Average
Grant Date
Fair Value
 
Unvested as of September 30, 2018     99,000     $ 1.56  
Granted     200,000     $ 1.32  
Vested     (82,500 )   $ 1.68  
Unvested as of September 29, 2019     216,500     $ 1.29  
Granted     50,000     $ 2.13  
Vested     (84,500 )   $ 1.25  
Unvested as of September 27, 2020     182,000     $ 1.54  
Schedule of Unrecognized Compensation Costs

The recorded compensation costs for restricted shares granted and restricted stock units awarded as well as the unrecognized compensation costs are summarized in the table below:

 

    Stock Compensation  
    (thousands)  
    Recognized Compensation Expense     Unrecognized Compensation Expense  
    Twelve months ended     As of year ended  
    September 27, 2020     September 29, 2019     September 27, 2020     September 29, 2019  
Restricted Shares   $ 79     $     $ 446     $  
Restricted Stock Units     118       113       188       200  
Total Stock Compensation   $ 197     $ 113     $ 634     $ 200