EVP of Western Alliance Bancorporation just cashed-in 75,000 options

Merrill Wall, EVP of Western Alliance Bancorporation, recently cashed-in 75,000 options. The options were exercised at $16.50, while the sales took place at $21.60 per share, on October 22, 2013. Wall continues to hold 123,146 shares of the company. Wall operates out of San Diego, CA. Some additional info was provided as follows:

Reflects shares held in the 401K Plan to include employer match as of 10/18/13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.50 to $21.845, inclusive. The reporting person undertakes to provide to Western Alliance Bancorporation, any security holder of Western Alliance Bancorporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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