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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 4/15/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1212545 |
| Issuer Name: WESTERN ALLIANCE BANCORPORATION |
| Issuer Trading Symbol: WAL |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1398948 |
| | Owner Name: Vecchione Kenneth |
| Reporting Owner Address: |
| | Owner Street 1: C/O WESTERN ALLIANCE BANCORPORATION |
| | Owner Street 2: ONE E. WASHINGTON STREET, STE 1400 |
| | Owner City: PHOENIX |
| | Owner State: AZ |
| | Owner ZIP Code: 85004 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: President and CEO |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 539 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 446,839 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: D |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 539 |
| | | Transaction Price Per Share: |
| Value: 56.16 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 446,300 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1950 |
| Footnote ID: F3 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: 401K Plan |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 750 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Darcy Vecchione UTMA (daughter) |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 456 |
| Footnote ID: F4 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Alexander Vecchione (son) |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 750 |
| Footnote ID: F4 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Greenspring Revocable Trust |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Cash Settled Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F2 |
| | Transaction Date: |
| | | Value: 4/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 539 |
| | | Transaction Price Per Share: |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F1 |
| | Expiration Date: |
| | | Footnote ID: F1 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 539 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 18,338 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - 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. |
| Footnote - F2: Each unit is the economic equivalent of one share of Western Alliance Bancorporation common stock. |
| Footnote - F3: Reflects shares held in the 401K Plan to include employer match as of 4/4/24. |
| Footnote - F4: On March 19, 2024, Alexander Vecchione, the Reporting Person's son, transferred 750 shares to the Greenspring Revocable Trust, of which Alexander is the sole Trustee and Beneficiary. The Reporting Person disclaims beneficial ownership in all shares held by such trust. |
Remarks: |
Owner Signature: |
| Signature Name: /s/Jessica Jarvi (Attorney-in-fact) |
| Signature Date: 4/17/24 |