Chuy's Holdings, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Stock Based Compensation (Tables)

Stock Based Compensation (Tables)

9 Months Ended

Sep. 23, 2012

Stock-Based Compensation Activity and Changes

A summary of stock-based compensation activity and changes during the fiscal year ended December 25, 2011 and for the thirty-nine weeks ended September 23, 2012 is as follows:


	SHARES			WEIGHTED AVERAGE EXERCISE PRICE		WEIGHTED AVERAGE REMAINING CONTRACTUAL TERM (YEAR)		AGGREGATE INTRINSIC VALUE
Outstanding and expected to vest at December 26, 2010		951,324		$	3.95
Granted		54,596			10.84
Exercised		(30,209	)		2.76
Forfeited		(5,438	)		5.99

Outstanding and expected to vest at December 25, 2011		970,273		$	4.36		5.88	$	8,161

Exercisable at December 25, 2011		715,142		$	3.45		5.39	$	6,665

Outstanding and expected to vest at December 25, 2011		970,273		$	4.36
Granted		88,297			15.63
Forfeited		(4,621	)		8.99

Outstanding and expected to vest at September 23, 2012		1,053,949		$	5.28		5.46	$	18,387

Exercisable at September 23, 2012		841,121		$	3.72		4.79	$	15,993

Weighted-Average Assumptions

The weighted-average grant date fair value of options granted was $3.12, $4.17, $5.71 and $6.07 for the years ended December 27, 2009, December 26, 2010, December 25, 2011 and the thirty-nine weeks ended September 23, 2012, respectively, as estimated at the date of grant using the Black-Scholes option pricing model with the following weighted-average assumptions:


	2009			2010			2011			2012
Dividend yield		0	%		0	%		0	%		0	%
Expected volatility		44	%		44	%		44	%		44	%
Risk-free rate of return		2.42	%		3.36	%		3.36	%		0.68	%
Expected life		7 years			7 years			7.5 years			5.4 years