v3.22.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 25, 2021
Share-based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
A summary of the stock option activity under the 2014 Equity Inventive Plan for the year ended December 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 (435)
Forfeited or expired (1,186)
Outstanding at December 25, 2021
13,476  $ 8.15  7.14 years
Exercisable at December 25, 2021
4,954  $ 7.76  6.63 years
Summary of Restricted Stock Activity
A summary of the restricted stock activity under the 2014 Equity Incentive Plan for the year ended December 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 December 25, 2021
89 $ 7.09 
Share-based Payment Arrangement, Restricted Stock Unit, Activity
A summary of the restricted stock unit activity under the 2014 Equity Incentive Plan for the year ended December 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 December 25, 2021
323  $ 10.00 
A summary of the restricted stock unit activity under the 2021 Equity Incentive Plan for the year ended December 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 73  11.75 
Exercised — 
Forfeited or expired — 
Outstanding at December 25, 2021
73  $ 11.75 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
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