Company: CVGI
Filing Date: 2025-04-04
Form Type: PRE 14A
Source: 0001628280-25-016847
Chunk: 68

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-04-04
Form: PRE 14A
Chunk 68
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(1) Represe nts two-third of unvested stock issued in December 2023 which will ratably vests on December 31, 2025 and 2026.

(2) Mr. Mohamed's unvested shares fully vested in September 2024 due to the rule relating to vesting upon attaining retirement age, as such he is excluded from this table.

(3) For Mr. Cheung, 33,742 unvested shares were issued November 2022 which vested ratably on December 31, 2023 and 2024 and the remainder will vest on December 31, 2025. In March 2023, Mr. Cheung and Ms. Mathers received unvested shares of which one-third vested on December 31, 2023 and 2024 and the remainder will vest on December 31, 2025. In March 2024, Mr. Cheung and Ms. Mathers received unvested shares of which one-third vested on December 31, 2024 and the remainder will ratably vest on December 31, 2025 and 2026.

(4) Represents performance shares granted on March 28, 2024 at th e target amount of 140,060 shares, that may range from 0% to 200% based on performance, which become earned and payable in CVGI stock, if the performance metrics are met, following the end of the three-year performance period that concludes on December 31, 2026.

(5) Effective December 31, 2024, Mr. Tajer forfeited all unvested shares as part of his involuntary termination from the Company .

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The following table shows the number of shares of common stock acquired by the NEOs upon the vesting of restricted stock during 2024:

| 2024 Option Exercise and Stock Vested Table(1) |     |              |     |                                      |        |     |                           |         |
|                                                |     | Stock Awards |     |                                      |        |     |                           |         |
| Name                                           |     |              |     | Number of Shares Acquired on Vesting 
 (#)                                  |        |     | Value Realized on Vesting 
 ($)(3)                    |         |
| James R. Ray(2)                                |     |              |     |                                      | 86,081 |