Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
JOHNSON MARIANNE BOYD
  2. Issuer Name and Ticker or Trading Symbol
WESTERN ALLIANCE BANCORPORATION [WAL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O WESTERN ALLIANCE BANCORPORATION, 2700 WEST SAHARA AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
04/25/2007
(Street)

LAS VEGAS, NV 89102
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/25/2007   J(2)   251,174 D (2) 738,373 (3) I By Boyd-05 Grantor Retained Annuity Trust #1
Common Stock 04/25/2007   J(2)   239,317 D (2) 1,158,891 I By Boyd-05 Grantor Retained Annuity Trust #2
Common Stock 04/25/2007   J(2)   136,901 D (2) 946,870 I By Boyd-05 Grantor Retained Annuity Trust #3
Common Stock               72,010 (3) D  
Common Stock               293,065 (3) I By the Marianne E. Boyd Trust Dated March 7, 1989
Common Stock 04/25/2007   J(1)   756 D (1) 238,681 (3) I By BG-05 Limited Partnership
Common Stock               9,638 I By William & Myong Boyd Children's Trust

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
JOHNSON MARIANNE BOYD
C/O WESTERN ALLIANCE BANCORPORATION
2700 WEST SAHARA AVENUE
LAS VEGAS, NV 89102
  X      

Signatures

 /s/ Dale Gibbons, Attorney-in-Fact   04/27/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On April 25, 2007, the BG-05 Limited Partnership distributed shares to its partners. The reporting person no longer has investment control over 756 of the shares distributed.
(2) On April 25, 2007, each of the Boyd -05 Grantor Retained Annuity Trust #1, Boyd -05 Grantor Retained Annuity Trust #2 and Boyd -05 Grantor Retained Annuity Trust #3 distributed the reported number of shares to William S. Boyd, an individual.
(3) In connection with the BG-05 Distribution, the reporting person distributed 1,261 shares to the Marianne Boyd Johnson-05 Western Grantor Retained Annuity Trust #1 and 20 shares to The Marianne E. Boyd Trust. At the same time, the Marianne Boyd Johnson-05 Western Grantor Retained Annuity Trust #1 transfered 1,261 shares to the reporting person, who in turn transferred 1,261 shares to The Marianne E. Boyd Trust. Total holdings reflect these distributions.

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