Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.21.2
Stock Based Compensation (Tables)
9 Months Ended
Sep. 25, 2021
Share-based Payment Arrangement [Abstract]  
Summary of Key Assumptions Used for Valuing Awards
The following table summarizes the key assumptions used in the valuation model for valuing the Company's stock compensation awards under the 2014 Equity Incentive Plan:
Dividend yield 0%
Risk free interest rate 0.40% - 1.81%
Expected volatility 31.50%
Expected terms 6.25 years
Summary of Stock Option Activity
A summary of the stock option activity under the 2014 Equity Inventive Plan for the thirty-nine weeks ended September 25, 2021 is presented below (share amounts in thousands):

Number of Shares Weighted Avg.
Exercise Price per Share
(in whole dollars)
Weighted Avg.
Remaining Contractual Term
Outstanding at December 26, 2020 12,749  $ 7.66  8.0 years
Granted 2,348
Exercised (286)
Forfeited or expired (1,186)
Outstanding at September 25, 2021 13,625 $ 8.13  7.3 years
Exercisable at September 25, 2021 4,936 $ 7.74  6.74 years
Summary of Restricted Stock Activity
A summary of the restricted stock activity under the 2014 Equity Incentive Plan for the thirty-nine weeks ended September 25, 2021 is presented below (share amounts in thousands):

Number of Shares Weighted Avg.
Grant Date Fair Value
(in whole dollars)
Unvested at December 26, 2020 177  $ 7.09 
Awarded — 
Vested (88)
Forfeited or expired — 
Unvested at September 25, 2021 89 $ 7.09 
Summary of Restricted Stock Unit Activity
A summary of the restricted stock unit activity under the 2014 Equity Incentive Plan for the thirty-nine weeks ended September 25, 2021 is presented below (share amounts in thousands):

Number of Shares Weighted Avg.
Grant Date Fair Value
(in whole dollars)
Outstanding at December 26, 2020 —  $ — 
Granted 323  $ 10.00 
Exercised — 
Forfeited or expired — 
Outstanding at September 25, 2021 323  $ 10.00 
A summary of the restricted stock unit activity under the 2021 Equity Incentive Plan for the thirty-nine weeks ended September 25, 2021 is presented below (share amounts in thousands):

Number of Shares Weighted Avg.
Grant Date Fair Value
(in whole dollars)
Outstanding at December 26, 2020 — 
Granted 50  $ 12.05 
Exercised — 
Forfeited or expired — 
Outstanding at September 25, 2021 50  $ 12.05