COLUMN A DETAIL – STOCK OPTION-BASED AWARDS VALUE VESTED DURING THE YEAR
A summary of the value of stock options that vested during fiscal 2023 for each NEO – that is, the number of stock options that vested multiplied by the difference between the stock option exercise price and the closing share price on the TSX on the vesting date – follows. Details about the SIP under which CWB grants stock options can be found on page 43.
Stock Option Grant Date
Stock Option Vesting Date
Number of Stock Options Vested
Stock Option Exercise Price ($)
Vesting Date Value ($)
Value Vested During Year ($)
Christopher H. Fowler President and CEO
13-Dec-2019
13-Dec-2022
57,884
31.927
24.350
-
R. Matthew Rudd CFO
13-Dec-2019
13-Dec-2022
8,537
31.927
24.350
-
Stephen H.E. Murphy Group Head, CPW M. Carolina Parra CRO Jeffrey I.L. Wright Group Head, CS&SB
13-Dec-2019
13-Dec-2022
22,400
31.927
24.350
-
-
-
-
-
-
-
13-Dec-2019
13-Dec-2022
9,038
31.927
24.350
-
COLUMN B DETAIL – SHARE-BASED AWARDS VALUE VESTED DURING THE YEAR
A summary of the value of RSUs that vested during fiscal 2023 for each NEO follows. The value of vested RSUs is calculated as the RSU vesting date value multiplied by the number of vesting RSUs. Details about the RSU Plan can be found on page 48.
Number of RSUs Vested (1)
Value at Grant Date ($)
Vesting Date Value ($)
Value Vested During Year ($)
RSU Grant Date
RSU Vesting Date
Christopher H. Fowler President and CEO
08-Jun-2020
08-Jun-2023
4,282
25.561
25.081
107,389
R. Matthew Rudd CFO
08-Jun-2020
08-Jun-2023
1,137
25.561
25.081
28,508
Stephen H.E. Murphy Group Head, CPW
08-Jun-2020
08-Jun-2023
1,657
25.561
25.081
41,570
M. Carolina Parra CRO
13-Dec-2021
13-Dec-2023
2,811
37.033
24.309
68,342
08-Jun-2020
08-Jun-2023
1,203
25.561
25.081
30,184
Jeffrey I.L. Wright Group Head, CS&SB
06-Jun-2022
06-Jun-2023
1,004
30.281
25.075
25,166
(1) Includes additional units granted in respect of dividend reinvestment plan.
A summary of the value of PSUs that vested during fiscal 2023 for each NEO follows. PSUs granted in fiscal 2021 vested in fiscal 2023. The value of PSUs that vested in fiscal 2023 is calculated as the number of PSUs that vested multiplied by the vesting date value, multiplied by the performance multiplier as set out on page 45.
Number of PSUs Vested (1)
Vesting Date Value ($)
Performance Multiplier
Value Vested During Year ($)
PSU Grant Date
PSU Vesting Date
Christopher H. Fowler President and CEO
14-Dec-2020
31-Oct-2023
33,966
27.250
85.3%
789,519
R. Matthew Rudd CFO
14-Dec-2020
31-Oct-2023
8,089
27.250
85.3%
188,022
Stephen H.E. Murphy Group Head, CPW M. Carolina Parra CRO Jeffrey I.L. Wright Group Head, CS&SB
14-Dec-2020
31-Oct-2023
13,145
27.250
85.3%
305,536
-
-
-
-
-
-
14-Dec-2020
31-Oct-2023
4,460
27.250
85.3%
103,665
(1) Includes additional units granted in respect of dividend reinvestment plan.
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