Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.22.0.1
Stock Based Compensation (Tables)
3 Months Ended
Jan. 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:

 

 Schedule of Aggregate Non-vested Restricted Stock and Restricted Stock Units Granted

    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 January 2, 2022     66,000     $ 1.52       180,000     $ 1.75  
Schedule of Unrecognized Compensation Costs

Schedule of Unrecognized Compensation Costs 

    Stock Compensation  
    (thousands)  
    Recognized Compensation Expense     Unrecognized Compensation Expense  
    Three months ended     As of period ended  
    January 2, 2022     December 27, 2020     January 2, 2022     October 3, 2021  
                         
Restricted Shares   $ 26     $ 26     $ 315     $ 341  
Restricted Stock Units     31       31       35       66  
Total Stock Compensation   $ 57     $ 57     $ 350     $ 407