Stock-Based Compensation |
6 Months Ended | |||||||||||||||||||||
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Jun. 29, 2017 | ||||||||||||||||||||||
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| Stock-Based Compensation |
8. Stock‑Based Compensation Floor & Decor Holdings, Inc. 2017 Stock Incentive Plan
On April 13, 2017, the board of directors of the Company approved the Floor & Decor Holdings, Inc. 2017 Stock Incentive Plan (the “2017 Plan”), which was subsequently approved by the Company’s stockholders. The 2017 Plan authorizes the Company to grant options and restricted stock awards to eligible employees, consultants and non-employee directors up to an aggregate of 5,000,000 shares of Class A common stock. In connection with the IPO, the Company granted options to purchase an aggregate of 1,254,465 shares of our Class A common stock to certain of our eligible employees and 15,475 shares of restricted stock to certain of our non-employee directors, in each case pursuant to the 2017 Plan and based on the public offering price of $21.00 per share. The following table summarizes share activity related to stock options during the twenty-six weeks ended June 29, 2017.
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