The following table summarizes the number of MSUs outstanding and expected to vest as of March 27, 2021 and their activity during the nine months ended March 27, 2021:


	Number of Shares	Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value(1)
Balance at June 27, 2020	971,220
Market stock units granted	—
Market stock units released	—
Market stock units cancelled	(237,576)
Balance at March, 27, 2021	733,644	1.4	$	68,331,602
Outstanding and expected to vest, March 27, 2021	1,015,277	1.0	$	94,562.856
(1)Aggregate intrinsic value for MSUs represents the closing price per share of the Company’s common stock on March 26, 2021, the last business day preceding the fiscal quarter-end, multiplied by the number of MSUs outstanding or expected to vest as of March 27, 2021.

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