Stock Based Compensation

6 Months Ended

Nov. 27, 2021

Stock Based Compensation [Abstract]

Stock Based Compensation

Note 12 - Stock Based Compensation

Total stock-based compensation expense was $

2.0

 million and $

1.8

 million for the twenty-six weeks ended November 27, 2021

and November 28, 2020, respectively.

Unrecognized compensation expense as a result of non -vested shares of restricted stock outstanding under the Amended and

Restated 2012 Omnibus Long-Term Incentive Plan at November 27, 2021 of $

4.6

 million will be recorded over a weighted

average period of

1.7

 years. Refer to Part II Item 8, Notes to Consolidated Financial Statements and Supplementary Data, Note

16: Stock Compensation Plans in our 2021 Annual Report for further information on our stock compensation plans.

The Company’s restricted share activity for the twenty-six weeks ended November 27, 2021 follows:

Number of

Shares

Weighted

Average Grant

Date Fair Value

Outstanding, May 29, 2021

302,147

$

39.37

Vested

(1,359)

40.34

Forfeited

(1,460)

37.70

Outstanding, November 27, 2021

299,328

$

39.38