Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation (Tables)

v3.22.4
Stock Based Compensation (Tables)
12 Months Ended
Oct. 02, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Aggregate Non-vested Restricted Stock and Restricted Stock Units Granted

The following table summarizes the status of Optex Systems Holdings’ aggregate non-vested restricted stock and restricted stock units, with the latter 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 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  
Granted                        
Vested     (33,000 )   $ 1.73       (60,000 )   $ 1.75  
Forfeited                        
Outstanding at October 2, 2022     66,000     $ 1.52       180,000     $ 1.75  
Schedule of Unrecognized Compensation Costs

    Stock Compensation  
    (thousands)  
   

Recognized Compensation

Expense

   

Unrecognized Compensation

Expense

 
    Twelve months ended     As of year ended  
   

October 2,

2022

   

October 3,

2021

   

October 2,

2022

   

October 3,

2021

 
Restricted Shares   $ 105     $ 105     $ 236     $ 341  
Restricted Stock Units     57       123       9       66  
Total Stock Compensation   $ 162     $ 228     $ 245     $ 407