X0202 4 2007-02-06 0 0001010470 PROVIDENT FINANCIAL HOLDINGS INC PROV 0001180038 TERNES DONAVON P 3756 CENTRAL AVENUE RIVERSIDE CA 92506 0 1 0 0 Executive Vice President Common Stock, Par Value $0.01 2007-02-06 4 A 0 12000 0 A 51805 D Option to Purchase 28.31 2007-02-06 4 A 0 24000 0 A 2008-02-06 2017-02-06 Common Stock 24000 128000 D Includes direct ownership of 46,219 shares which includes the restricted stock award granted on February 6, 2007 from the 2006 Equity Incentive Plan vesting over a five-year period in equal installments beginning on February 6, 2008; and indirect ownership of 5,586 shares in Mr. Ternes' Employee Stock Ownership Plan account. Mr. Ternes has previously been granted 104,000 options to acquire 104,000 shares of common stock under Provident's 1996 and 2003 Stock Option Plans. The grants vest ratably over a five-year period and expire in ten years. As a result of the activity described in this notice, Mr. Ternes has been granted 24,000 options to acquire 24,000 shares of common stock under Provident's 2006 Equity Incentive Plan. The grant vests ratably over a five-year period and expires in ten years. /s/Donavon P. Ternes 2007-02-07