Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation (Tables)

v3.22.0.1
Stock Based Compensation (Tables)
12 Months Ended
Oct. 03, 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 and restricted shares granted as of October 3, 2021:

 

   

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 October 3, 2021     99,000     $ 1.59       240,000     $ 1.75  
Schedule of Unrecognized Compensation Costs

 

    Stock Compensation  
    (thousands)  
    Recognized Compensation
Expense
    Unrecognized Compensation
Expense
 
    Twelve months ended     As of year ended  
    October 3, 2021     September 27, 2020     October 3, 2021     September 27, 2020  
Restricted Shares   $ 105     $ 79     $ 341     $ 446  
Restricted Stock Units     123       118       66       188  
Total Stock Compensation   $ 228     $ 197     $ 407     $ 634