Galen G. Vetter - 12 May 2021 Form 4 Insider Report for ALERUS FINANCIAL CORP (ALRS)

Role
Director
Signature
/s/ Scott Fenske, by power of attorney
Issuer symbol
ALRS
Transactions as of
12 May 2021
Net transactions value
$0
Form type
4
Filing time
13 May 2021, 10:31:13 UTC
Next filing
02 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALRS Common Stock Award $0 +1,215 +3.2% $0.000000 39,412 12 May 2021 Direct F1
holding ALRS Common Stock 438 12 May 2021 By spouse F2
holding ALRS Common Stock 1,562 12 May 2021 By Vetter Community Resource, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All 1,215 shares were acquired pursuant to an annual director award issued under the Alerus Financial Corporation 2019 Equity Incentive Plan.
F2 Shares held by Mr. Vetter's spouse.
F3 Vetter Community Resource, LLC is an entity that is 50% owned by Mr. Vetter and 50% owned by his spouse.