Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.20.4
Stock Based Compensation (Tables)
 3 Months Ended
Dec. 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:

 

    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     —       —       —       —  
Forfeited     —       —       —       —  
Outstanding at December 27, 2020     182,000     $ 1.54       300,000     $ 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     As of period ended  
    December 27, 2020     December 29, 2019     December 27, 2020     September 27, 2020  
                         
Restricted Shares   $ 26     $ -     $ 420     $ 446  
Restricted Stock Units     31       26       157       188  
Total Stock Compensation   $      57     $       26     $      577     $     634