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

Role
Vice Chairman and CFO
Signature
/s/Jessica Jarvi (Attorney-in-fact)
Stock symbol
WAL
Transactions as of
Jun 15, 2024
Transactions value $
-$16,704
Form type
4
Date filed
6/18/2024, 05:12 PM
Previous filing
May 17, 2024
Next filing
Jul 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WAL Common Stock Options Exercise +285 +0.1% 295K Jun 15, 2024 Direct F1, F2
transaction WAL Common Stock Disposed to Issuer -$16.7K -285 -0.1% $58.61 295K Jun 15, 2024 Direct
holding WAL Common Stock 613 Jun 15, 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 -3.03% 9.11K Jun 15, 2024 Common Stock 285 Direct F1, F2
transaction WAL Restricted Stock Units Award $0 +20.9K $0.00 20.9K Jun 17, 2024 Common Stock 20.9K 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.