What was the weighted-average remaining contractual term in years for Del Taco options outstanding at September 29, 2024?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
of service thresholds. All option grants provide for an option exercise price equal to the closing market value of the common stock on the date of grant.
The following is a summary of stock option activity for fiscal 2024:
| Shares | Weighted- Average Exercise Price | Weighted- Average Remaining Contractual Term (Years) | Aggregate Intrinsic Value (in thousands) | |
|---|---|---|---|---|
| Options outstanding at October 1, |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 58)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, the weighted-average remaining contractual term for options outstanding at September 29, 2024, was 1.12 years. This figure represents the average length of time remaining until the expiration of outstanding stock options as of that date.
For a prospective franchisee, this information is related to the overall financial health and stock option structure of the parent company, Jack in the Box Inc., which acquired Del Taco. While it doesn't directly impact the day-to-day operations of a franchise, it provides insight into the company's financial management and employee compensation strategies.
Understanding the terms and conditions of equity awards can be useful in assessing the long-term stability and potential value of the franchise system. However, franchisees should primarily focus on factors such as franchise fees, royalty payments, marketing support, and operational guidelines when evaluating a franchise opportunity.