4//SEC Filing
Myers Christopher D 4
Accession 0001567619-19-018831
CIK 0000354647other
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 2:49 PM ET
Size
15.4 KB
Accession
0001567619-19-018831
Insider Transaction Report
Form 4
Myers Christopher D
DirectorPresident & CEO
Transactions
- Award
Common Stock
2019-07-17+90,000→ 336,057 total - Disposition to Issuer
Restricted Stock Units
2019-07-17−105,000→ 0 totalExercise: $0.00→ Common Stock (105,000 underlying) - Award
Common Stock
2019-07-17+45,000→ 441,057 total - Disposition to Issuer
Performance Based Restricted Stock Units
2019-07-17−105,000→ 0 totalExercise: $0.00→ Common Stock (105,000 underlying) - Award
Performance Based Restricted Stock Units
2019-07-17+15,000→ 0 totalExercise: $0.00→ Common Stock (15,000 underlying) - Award
Common Stock
2019-07-17+60,000→ 396,057 total
Footnotes (4)
- [F1]Grant of 90000 RSUs pursuant to Issuer's 2018 Equity Incentive Plan (the "Equity Plan") in connection with the Reporting Person's Retirement and Consulting Agreement dated as of July 17, 2019. The RSUs shall vest in full December 31, 2020 provided that Reporting Person continues to provide consulting services through such date.
- [F2]Grant of 60000 RSUs pursuant to Issuer's 2018 Equity Incentive Plan (the "Equity Plan") in connection with the Reporting Person's Retirement and Consulting Agreement dated as of July 17, 2019. The RSUs shall vest in full March 15, 2020 provided that Reporting Person continues employment through such date.
- [F3]On July 17, 2019 pursuant to Issuer's Equity Plan, Issuer amended an outstanding restricted stock unit grant to Reporting Person to reduce the number of shares subject to the restricted stock unit grant from 105000 to 60000 and changing the vesting terms such that 15000 shares will vest on September 12, 2019 and 45000 shares will vest on March 15, 2020 subject to Reporting Person continuing to provide employment services through such date(s).
- [F4]On July 17, 2019 pursuant to Issuer's Equity Plan, Issuer amended an outstanding performance based restricted stock unit grant to Reporting Person to reduce the number of shares subject to the performance based restricted stock unit grant from 105000 to 60000 and changing the vesting terms such that up to 15000 shares subject to the performance based grant vests on September 12, 2019 based on the Issuer's Relative Return on Assets and Return on Equity and 45000 shares subject to the grant vests on March 15, 2020 subject to Reporting Person continuing to provide employment services through such date.
Documents
Issuer
CVB FINANCIAL CORP
CIK 0000354647
Entity typeother
Related Parties
1- filerCIK 0001371381
Filing Metadata
- Form type
- 4
- Filed
- Sep 26, 8:00 PM ET
- Accepted
- Sep 27, 2:49 PM ET
- Size
- 15.4 KB