Company: CVBF
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0000950170-25-051966
Chunk: 106

Company: CVB FINANCIAL CORP
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 106
---
 Maximum award levels for these PRSU grants have been utilized based on interim 2023 and 2024 performance results exceeding target levels for both of the two specified performance measures.

This PRSU award, which was unvested at December 31, 2024, vests on January 26, 2025 at maximum award levels, based on the achievement of performance results exceeding maximum levels for both of the two specified performance measures over the three-year performance period from 2022-2024, pursuant to the criteria set forth above in the section of this proxy statement on "PRSU Performance Criteria and Measurement Period."

The unvested shares vest on March 25, 2025.

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OPTION EXERCISES AND RESTRICTED STOCK VESTED IN 2024 TABLE

The following table lists option exercise and restricted stock vested during the year-ended December 31, 2024.

|                     |     | Option Awards        |     |                   |     |        Stock Awards |     |                |
| Name                |     | Number of Shares     
 Acquired on Exercise 
 (#)                  |     | Value Realized on 
 Exercise          
 ($)(1)            |     |    Number of Shares 
 Acquired on Vesting 
                 (#) |     | Value Realized 
     on Vesting 
         ($)(2) |
| David A. Brager     |     | -                    |     | -                 |     |              49,667 |     |        889,845 |
| E. Allen Nicholson  |     | -                    |     | -                 |     |              25,132 |     |        449,949 |
| David F. Farnsworth |     | -                    |     | -                 |     |              17,601 |     |        315,252 |
| David C. Harvey     |     | -                    |     | -                 |     |              25,132 |     |        449,949 |
| Richard H. Wohl     |     | -                    |     | -                 |     |              13,065 |     |        232,531 |

Represents the product of the number of shares acquired on option exercise (if any) and the difference between the closing price of our common stock on the exercise date and the option exercise price.

Represents the product of the number of shares acquired on vesting and the closing price of our common stock on the vesting date.

DeferredCompensation