Annual report pursuant to Section 13 and 15(d)

Stockholders??? Equity (Tables)

v3.21.1
Stockholders’ Equity (Tables)
 12 Months Ended
Jan. 02, 2021
Stockholders Equity Note [Abstract]  
Summary of Stock Options Activity

The following table summarizes stock option activity for fiscal 2020 and 2019:

 

 

 

Options

 

 

Weighted

Average

Exercise

 

 

Aggregate

Intrinsic

 

 

Weighted

Average

Remaining

Contractual

 

 

 

Outstanding

 

 

Price

 

 

Value

 

 

Life

 

Outstanding at December 29, 2018

 

 

100,900

 

 

$

11.07

 

 

$

—

 

 

 

3.8

 

Cancelled/expired

 

 

(56,500

)

 

 

9.30

 

 

 

 

 

 

 

 

 

Outstanding at December 28, 2019

 

 

44,400

 

 

$

13.31

 

 

$

—

 

 

 

3.0

 

Cancelled/expired

 

 

(4,500

)

 

 

9.45

 

 

 

 

 

 

 

 

 

Granted

 

 

74,000

 

 

 

3.84

 

 

 

 

 

 

 

 

 

Outstanding at January 2, 2021

 

 

113,900

 

 

$

11.97

 

 

$

78

 

 

 

7.0

 

Exercisable at January 2, 2021

 

 

65,400

 

 

$

12.01

 

 

$

27

 

 

 

3.0

 
Schedule of Exercise Price for Stock Options Outstanding and Exercisable Outstanding

The exercise price for stock options outstanding and exercisable outstanding at January 2, 2021 is as follows:

 

Outstanding

 

Exercisable

Number of Options

 

 

Exercise Price ($)

 

Number of Options

 

 

Exercise Price ($)

 

16,500

 

 

$17.35 to $23.45

 

 

16,500

 

 

$17.35 to $23.45

 

5,400

 

 

$11.10 to $15.00

 

 

5,400

 

 

$11.10 to $15.00

 

12,000

 

 

$5.70 to $9.90

 

 

12,000

 

 

$5.70 to $9.90

 

80,000

 

 

$3.54 to $5.25

 

 

31,500

 

 

$3.54 to $5.25

 

113,900

 

 

 

 

 

65,400

 

 

 
Summary of Information About Non-vested Shares Outstanding

The following table summarizes information about the Company’s non-vested shares outstanding as of January 2, 2021 and December 28, 2019:

 

Non-vested Shares

 

Number of

Shares

 

 

Average

Grant-Date

Fair Value

 

Non-vested at December 29, 2018

 

 

—

 

 

$

—

 

Granted

 

 

—

 

 

$

—

 

Vested

 

 

—

 

 

$

—

 

Non-vested at December 28, 2019

 

 

—

 

 

$

—

 

Granted

 

 

74,000

 

 

$

3.09

 

Vested

 

 

(25,500

)

 

$

3.85

 

Non-vested at January 2, 2021

 

 

48,500

 

 

$

3.83