X0303 4 2008-08-07 0 0001010470 PROVIDENT FINANCIAL HOLDINGS INC PROV 0001180896 GALE RICHARD L 3756 CENTRAL AVENUE RIVERSIDE CA 92506 0 1 0 0 Senior Vice President Common Stock, Par Value $0.01 2008-08-07 4 A 0 7000 0 A 103903 D Option to Purchase Common Stock 7.03 2008-08-07 4 A 0 9000 0 A 2011-08-07 2018-08-07 Common Stock 9000 31000 D The ownership of 103,903 shares includes the 7,000 share restricted stock award granted on August 7, 2008 from the 2006 Equity Incentive Plan which vests on August 7, 2011 and the 4,000 share 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 1,793 shares in Mr. Gale's 401(K) Plan, 13,129 shares in Mr. Gale's Employee Stock Ownership Plan account, 485 shares by Mr. Gale's spouse, and 141 shares owned by Mr. Gale's dependent child. Mr. Gale has previously been granted 22,000 options to acquire 22,000 shares of Provident's common stock under Provident's 1996 Stock Option Plan, 2003 Stock Option Plan and 2006 Equity Incentive Plan. Those grants vest ratably over a five-year period and expire in ten years. The activity described in this Form 4 reflects that Mr. Gale has been granted 9,000 options to acquire 9,000 shares of Provident's common stock under Provident's 2006 Equity Incentive Plan. The entire grant vests on August 7, 2011 and expires in ten years. /s/Richard L. Gale 2008-08-08