Stock Ownership Plans

9 Months Ended

Jun. 25, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

STOCK OWNERSHIP PLANS

A summary of stock option activity during the 39 weeks ended June 25, 2017 follows:



(Thousands of Dollars and Shares, Except Per Share Data)	Shares		Weighted Average Exercise Price	Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value

Outstanding, September 25, 2016	1,698		2.42
Exercised	(336	)	1.54
Cancelled	(88	)	14.02
Outstanding, June 25, 2017	1,274		1.85	3.9	437

Exercisable, June 25, 2017	1,274		1.85	3.9	437

Restricted Common Stock

The table below summarizes restricted Common Stock activity during the 39 weeks ended June 25, 2017:



(Thousands of Shares, Except Per Share Data)	Shares		Weighted Average Grant Date Fair Value

Outstanding, September 25, 2016	2,462		2.74
Vested	(741	)	3.59
Granted	823		3.34
Cancelled	(50	)	2.89
Outstanding, June 25, 2017	2,494		2.69

Total unrecognized compensation expense for unvested restricted Common Stock at June 25, 2017 is $3,302,000, which will be recognized over a weighted average period of 1.5 years.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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