Note 3 – Stockholders’ Equity and Share-Based Compensation

Options and Restricted Stock Units

The Company had the following common stock option activity during the twenty-six weeks ended June 27, 2020:

The following table summarizes the Company’s restricted stock unit ("RSU") activity for the twenty-six weeks ended June 27, 2020, and details regarding the awards outstanding and exercisable at June 27, 2020 (in thousands):

During the twenty-six weeks ended June 27, 2020,  210 RSUs that vested were time-based and 1,762 were performance-based. In addition, 56 shares were released to a departing employee and 6 shares were issued as partial payment for director’s fee as elected by a current Board member. For the RSUs awarded, the number of shares issued on the date of vest is net of the minimum statutory withholding requirements that we pay in cash to the appropriate taxing authorities on behalf of our employees. For those employees who elect not to receive shares net of the minimum statutory withholding requirements, the appropriate taxes are paid directly by the employee. During the twenty-six weeks ended June 27, 2020, we withheld 37 shares to satisfy $883 of employees’ tax obligations. Although shares withheld are not issued, they are treated as a common stock repurchase in our consolidated financial statements, as they reduce the number of shares that would have been issued upon vesting.

For the thirteen and twenty-six weeks ended June 27, 2020, we recorded compensation costs related to stock options and RSUs of $1,874 and $4,693, respectively. For the thirteen and twenty-six weeks ended June 29, 2019, we recorded compensation costs related to stock options and RSUs of $625 and $1,180, respectively. As of June 27, 2020, there was unrecognized compensation expense related to stock options and RSUs of $10,190 that will be expensed through June 2024.