Company: WAL-PA
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0000950170-25-057334
Chunk: 53

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 53
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 respect to the fair value of equity awards granted in 2024, please refer to the footnotes to the Grants of Plan-Based Awards During 2024 table. For 2024, the aggregate grant date fair value of equity awards reported reflects the grant date fair value of PSUs plus the grant date fair value of time-vested RSA, CSRU and DSU awards granted to the NEOs. The grant date fair value of the relative ROE portion of the PSUs at the maximum level of achievement is $3,841,089 for Mr. Vecchione, $2,028,141 for Mr. Gibbons, $1,177,929 for Mr. Curley, $1,126,772 for Mr. Bruckner and $691,398 for Mr. Boothe. The Grants of Plan-Based Awards During 2024, Outstanding Equity Awards at Fiscal Year End and the Stock Vested and Options Exercised in 2024 tables include additional information with respect to all awards outstanding as of December 31, 2024, or vesting during 2024. Each participant that received a PSU award was awarded a specific number of target units that will be earned by the participant at the end of a three-year performance period based on the Company’s relative ROE and relative TSR. Please refer to the “Long-Term Equity Incentive Compensation” section of the CD&A in this proxy statement for more details regarding our equity compensation program. |
| (2) | The amounts in this column reflect cash awards earned under the 2024 Annual Bonus Plan, which is discussed in more detail under the section entitled "2024 Annual Bonus Determination.” The amounts reported for fiscal year 2024 were based on fiscal year 2024 performance and paid to all of the NEOs in March 2025. The Non-Equity Incentive Plan Compensation was fully payable as of December 31, 2024.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |

| 2025 PROXY STATEMENT | 55 |

| EXECUTIVE COMPENSATION |

| (3) | The amounts shown in this column represent the aggregate change in actuarial present value of accumulated pension benefits for the NEO participating in the Company’s Supplemental Early Retirement Plan (“SERP”). The SERP was assumed in the acquisition of Bridge Capital Holdings on June 30, 2015 and, therefore, the only named executive officer participating in the SERP is Mr. Boothe. The