Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

Stock Based Compensation (Tables)

6 Months Ended

Mar. 28, 2021

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:

	Restricted Stock Units			Weighted Average Grant Date Fair Value		Restricted Shares			Weighted Average Grant Date Fair Value
Outstanding at September 29, 2019		216,500		$	1.29		—			—
Granted		50,000		$	2.13		300,000		$	1.75
Vested		(84,500	)	$	1.25		—			—
Forfeited		-			—		—			—
Outstanding at September 27, 2020		182,000		$	1.54		300,000		$	1.75
Granted		—			—		—			—
Vested		(83,000	)		1.49		(60,000	)		1.75
Forfeited		—			—		—			—
Outstanding at March 28, 2021		99,000		$	1.59		240,000		$	1.75

Schedule of Unrecognized Compensation Costs

The recorded compensation costs for options and 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
	Three months ended				Six months ended				As of period ended
	March 28, 2021		March 29, 2020		March 28, 2021		March 29, 2020		March 28, 2021		September 27, 2020

Restricted Shares	$	26	$	-	$	52	$	-	$	394	$	446
Restricted Stock Units		31		31		62		57		127		188
Total Stock Compensation	$	57	$	31	$	114	$	57	$	521	$	634