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 *
WISHNAFSKI DIANE L
  2. Issuer Name and Ticker or Trading Symbol
NEWALLIANCE BANCSHARES INC [NAL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP
(Last)
(First)
(Middle)
C/O NEWALLIANCE BANK, 195 CHURCH STREET
3. Date of Earliest Transaction (Month/Day/Year)
11/23/2009
(Street)

NEW HAVEN, CT 06510
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 (1)               68,800 I By Stock Award
Common Stock (2)               4,086 I By Stock Award
Common Stock 11/23/2009   S   24,674 D $ 12 28,286 I Joint w/ Spouse
Common Stock               9,917 I 401(K)
Common Stock - ESOP               6,316 D  
Common Stock               2,529 I DRIP
Common Stock               1,687 I 401(K) - SERP
Common Stock               4,056 I ESOP - SERP

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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
Stock Options (3) $ 13.89             06/26/2007 06/26/2016 Common Stock 5,000   5,000 D  
Stock Options (4) $ 14.39             12/30/2005 06/17/2015 Common Stock 340,000   340,000 D  
Stock Options (5) $ 12.94             05/31/2010 05/29/2019 Common Stock 18,573   18,573 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WISHNAFSKI DIANE L
C/O NEWALLIANCE BANK
195 CHURCH STREET
NEW HAVEN, CT 06510
      EVP  

Signatures

 John J. Kiernan, by POA for Diane L. Wishnafski   11/24/2009
**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) Stock Awards granted pursuant to NewAlliance Bancshares, Inc. Long-Term Incentive Plan vest 15% on each January 1 of years 2006-2011 and 10% on January 1, 2012.
(2) Stock Awards granted pursuant to the NewAlliance Bancshares, Inc. Long-Term Incentive Plan cliff vest on May 31, 2012.
(3) Options vest in equal annual installments over three years beginning on the first anniversary of the date of grant, subject to continued employment.
(4) Stock Options granted pursuant to the NewAlliance Bancshares, Inc. Long-term Incentive Plan vest 40% on December 30, 2005 and 20% on the last business day of each of the three succeeding years.
(5) Stock Options granted pursuant to the NewAlliance Bancshares, Inc. Long-Term Incentive Plan vest 1/4 on each May 31 of years 2010- 2013.

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