UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     
Date of Report (Date of Earliest Event Reported):   November 23, 2011

Western Alliance Bancorporation
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(Exact name of registrant as specified in its charter)

     
Nevada C17075-1995 88-0365922
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(State or other jurisdiction
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(Commission
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(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
One E Washington Street, Suite 1400, Phoenix, Arizona   85004
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(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   602-389-3500

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 8.01 Other Events.

On November 23, 2011, Western Alliance Bancorporation (the "Company") completed the repurchase of a warrant held by the U.S. Department of the Treasury ("Treasury"). The 10-year warrant was issued on November 21, 2008 as part of the Company’s participation in the Treasury’s Capital Purchase Program, and entitled the Treasury to acquire 787,107 shares of Company stock at an exercise price of $13.34 per share. The Company paid a total of $415,000 to Treasury to repurchase the warrant. The repurchased warrant will be cancelled in its entirety.






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    Western Alliance Bancorporation
          
November 23, 2011   By:   /s/ Dale Gibbons
       
        Name: Dale Gibbons
        Title: Executive Vice President and Chief Financial Officer