Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ALRS | Restricted Stock Units | Award | $0 | +3.32K | $0.00 | 3.32K | Feb 3, 2022 | Common Stock | 3.32K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock. |
F2 | Includes 1,326 restricted stock units that have time-based vesting components. Includes 1,989 restricted stock units that have performance-based vesting components. |
F3 | The time-based restricted stock units vest on February 3, 2025. The performance-based restricted stock units vest on February 3, 2025, so long as Alerus Financial Corporation meets certain total stockholder return goals. |