EFTA01365850.pdf

Amendment No. 3 to Form S-I Table of Contents Fogo de Chiio, Inc. Notes to Consolidated Financial Statements (Continued) (in thousands, except share and per share amounts) The expected tarn of the options represents the estimated period of time until exercise and is based on historical experience of similar options, giving consideration to the contractual terms, vesting schedules and expectations of future employee behavior. The risk-free interest rate is determined by reference to the U.S. Treasury yield curve in effect at the time of grant of the award for time periods approximately equal to the expected term of the award. Expected dividend yield is based on the fact that the Company has never paid cash dividends and does not expect m pay any cash dividends in the foreseeable future. The following table sets forth the assumptions that the Company used to determine the fair value of the stock options granted, presented on a weighted-average basis: Period from Ma) 24,2012 (inception) through Ihrember 30, 2012 Final bear Ended Fiscal Year Ended (screimir period) Deter:titer 29, 2013 December 28, 2014 Expected term (in years) 6.40 6.34 6.10 Risk-free interest rate 0.85% 1.77% 1.76% Volatility 50% 47% 42% Dividend yield 0% 0% 0% The following table summarizes the Company's stock option activity from May 24, 2012 through December 28, 2014: Weighted Weighted Avenge Avenge Remaining Aggregate Exercise Contractual Intrinsic Shares Price 'Term (in years) Value Outstanding at May 24, 2012 (Successor) Granux1 67.500 $ 252.77 Exercised Forfeited Outstanding at December 30. 2012 67,500 $ 252.77 9.6 Granted 11.110 $ 262.35 Exercised Forfeited (300) S 291.66 Outstanding at December 29.2013 78,310 S 253.98 8.7 S 855 Granted 9.891 S 308.06 Exercised Forfeited Outstanding at December 28, 2014 88201 S 260.05 8.0 S 4.549 Vested at December 28. 2014 701 S 214.15 Unvesled al December 28,2014 87,500 S 260.41 Exercisable at December 28, 2014 701 S 214.15 9.0 S 42 F-45 CFd806502tha a.htmf6/17/2015 12:26:00 I'MI CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0057144 CONFIDENTIAL SONY GM_00203328 EFTA01365850