Company: CVGI
Filing Date: 2025-04-16
Form Type: DEF 14A
Source: 0001628280-25-017895
Chunk: 63

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-04-16
Form: DEF 14A
Chunk 63
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 and Ms. Mathers, were based on the average closing price of CVGI stock for twenty (20) trading days prior to the grant on March 28, 2024, or $6.28.

The amount shown for Ms. Mathers, and Messrs. Cheung, Mohamed and Tajer for 2023 represents the closing stock price on the grant date of March 31, 2023, or $7.30. The 2023 awards for Ms. Mathers and Messrs. Cheung, Mohamed and Tajer, were based on the average closing price of CVGI stock for twenty (20) trading days prior to the grant on March 31, 2023, or $7.14. The amount shown for Mr. Ray for 2023 represents the closing stock price on the grant date of December 20, 2023, or $7.10. Mr. Ray's 2023 award was based on the average closing price of CVGI stock for twenty (20) trading days prior to the grant on December 20, 2023, or $6.63.

The amount shown for Ms. Mathers, and Messrs. Mohamed and Tajer for 2022 represents the closing stock price on the grant date of March 30, 2022, or $8.61. The 2022 awards for Ms. Mathers and Messrs. Mohamed and Tajer, were based on the average closing price of CVGI stock for twenty (20) trading days prior to the grant on March 30, 2022, or $8.35. The amount shown for Mr. Cheung for 2022 represents the closing stock price on the grant date of November 10, 2022, or $6.52.

(3) There is no amount shown for Messrs. Ray, Cheung, Mohamed and Ms. Mathers for 2024 as the Committee exercised negative discretion and decided no annual incentive bonuses would be paid to our NEOs in 2025 for the calendar year 2024 under the Commercial Vehicle Group Bonus Plan. There is no amount shown for Mr. Tajer because as part of his separation by the Company from his role as President of Electrical Systems effective October 31, 2024, he was no longer eligible for a bonus in 2024.

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The amounts shown for Messrs. Cheung, Mohamed, Tajer and Ms. Mathers for 202