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Stock-Based Compensation
9 Months Ended
Mar. 28, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock-Based Compensation

14.  Stock-Based Compensation

On October 24, 2018, the Unifi, Inc. Amended and Restated 2013 Incentive Compensation Plan (the “2018 Plan”) became effective, upon approval by shareholders at UNIFI’s annual meeting of shareholders held on October 31, 2018.  The 2018 Plan set the number of shares available for future issuance pursuant to awards granted under the 2018 Plan to 1,250 and updated certain provisions for changes to Section 162(m) of the Internal Revenue Code of 1986, as amended.

On October 29, 2020, UNIFI’s shareholders approved the Unifi, Inc. Second Amended and Restated 2013 Incentive Compensation Plan (the “2020 Plan”). The 2020 Plan set the number of shares available for future issuance pursuant to awards granted under the 2020 Plan to 850.  No additional awards can be granted under the 2018 Plan or other prior plans; however, awards outstanding under a respective prior plan remain subject to that plan’s provisions.

The following table provides information as of March 28, 2021 with respect to the number of securities remaining available for future issuance under the 2020 Plan:

Authorized under the 2020 Plan

 

 

850

 

Plus: Awards expired, forfeited or otherwise terminated unexercised

 

 

 

Less: Awards granted to employees

 

 

(75

)

Less: Awards granted to non-employee directors

 

 

(4

)

Available for issuance under the 2020 Plan

 

 

771

 

 

Stock-based compensation units granted or issued from the 2018 Plan and/or 2020 Plan were as follows:

 

 

For the Nine Months Ended

 

 

 

March 28, 2021

 

 

March 29, 2020

 

Stock options

 

 

155

 

 

 

83

 

Restricted stock units

 

 

110

 

 

 

77

 

Vested share units

 

 

 

 

 

24

 

Common stock

 

 

4

 

 

 

4