Company: WAL-PA
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0000950170-25-057334
Chunk: 57

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 57
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 for CSRUs will vest and pay monthly during the 36-month period from March 2024 through February 2027; and (3) for DSUs will vest at the later of the first anniversary of the grant date and the executive’s attainment of the age and service requirements for qualified retirement (or earlier in case of death or disability).

Grant Date Fair Value (Column 10)In the case of PSUs issued as part of our 2024 annual equity awards, the grant date fair value is calculated in accordance with FASB ASC Topic 718 for awards with both a market and performance condition. The fair value for the EPS portion of the awards is based on the closing stock price on the grant date adjusted for the lack of dividend rights and the target number of shares, which the company currently estimates as a probable outcome. The fair value for the relative TSR portion of the awards is determined on the grant date using a Monte Carlo simulation. The fair value for each component is calculated independently of one another. Depending on whether or to what extent the respective performance criteria are met, the number of shares for which the performance units are settled may range from zero to 200%.

| 58 | 2025 PROXY STATEMENT |

| EXECUTIVE COMPENSATION |

OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END The following table provides information concerning outstanding stock awards and unvested RSAs, PSUs, CSRUs and DSUs held by each NEO as of December 31, 2024. Each outstanding award is represented by a separate row which indicates the number of securities underlying the award. We computed the market value of stock awards by multiplying the closing market price of our stock on December 31, 2024 ($83.59), by the number of shares of unvested stock.

|                   |     |            |     |                |     |   Stock Awards |     |                  |     |                  |
| Name              |     | Grant Date |     |      Number of 
      Shares or 
 Units of Stock 
  that Have Not 
 Vested (#) (1) |     |   Market Value 
   of Shares or 
 Units of Stock 
  that Have Not 
     Vested ($) |     | Equity Incentive 
     Plan Awards: 
        Number of 
         Unearned 
    Shares, Units 
  or Other Rights 
    That Have Not 
   Vested (#) (2) |     | Equity Incentive 
     Plan Awards: