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Stock Based Compensation
3 Months Ended
Apr. 01, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock Based Compensation

8. Stock Based Compensation

During the three months ended April 1, 2022, the Company issued 682,781 restricted stock units at a weighted average grant-date fair value of $19.24 per share. As of April 1, 2022, the Company had 1,353,549 restricted stock units outstanding at a weighted average grant-date fair value of $17.60 per share. As of April 1, 2022, $18.7 million of total restricted stock unit compensation expense related to unvested awards had not been recognized and is expected to be recognized over a weighted average period of approximately 2.7 years.

As of April 1, 2022, the Company had 2,945 shares of common stock subject to vesting requirements outstanding at a weighted average grant-date fair value of $16.17 per share. As of April 1, 2022, $23 thousand of compensation expense related to common stock subject to vesting requirements had not been recognized and is expected to be recognized over a weighted average period of approximately 1.5 years.

Forfeitures for all of the Company’s outstanding equity awards are recognized as incurred.