Dale Gibbons - 15 Jun 2024 Form 4 Insider Report for WESTERN ALLIANCE BANCORPORATION (WAL)

Role
Vice Chairman and CFO
Signature
/s/Jessica Jarvi (Attorney-in-fact)
Issuer symbol
WAL
Transactions as of
15 Jun 2024
Net transactions value
-$16,704
Form type
4
Filing time
18 Jun 2024, 17:12:14 UTC
Previous filing
17 May 2024
Next filing
17 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WAL Common Stock Options Exercise +285 +0.1% 295,011 15 Jun 2024 Direct F1, F2
transaction WAL Common Stock Disposed to Issuer $16,704 -285 -0.1% $58.61 294,726 15 Jun 2024 Direct
holding WAL Common Stock 613 15 Jun 2024 401K Plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WAL Cash Settled Restricted Stock Units Options Exercise -285 -3% 9,112 15 Jun 2024 Common Stock 285 Direct F1, F2
transaction WAL Restricted Stock Units Award $0 +20,935 $0.000000 20,935 17 Jun 2024 Common Stock 20,935 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These units vest and are payable solely in cash as follows: 1/36th on the 15th day of each month during the 36-month period beginning March 2024 and ending February 2027.
F2 Each unit is the economic equivalent of one share of Western Alliance Bancorporation common stock.
F3 Reflects shares held in the 401K Plan to include employer match as of 6/13/2024.
F4 Each restricted stock unit represents a contingent right to receive one share of WAL common stock.
F5 The restricted stock units are payable upon the Reporting Person's Qualified Retirement from the Company as described in the plan documents.