Randy L. Newman - Feb 21, 2022 Form 4 Insider Report for ALERUS FINANCIAL CORP (ALRS)

Role
Director
Signature
/s/ Scott Fenske, by power of attorney
Stock symbol
ALRS
Transactions as of
Feb 21, 2022
Transactions value $
-$179,289
Form type
4
Date filed
2/23/2022, 03:10 PM
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALRS Common Stock Award $0 +21.5K +4.46% $0.00 504K Feb 21, 2022 Direct F1
transaction ALRS Common Stock Tax liability -$179K -6.06K -1.2% $29.61 498K Feb 21, 2022 Direct F1
holding ALRS Common Stock 169K Feb 21, 2022 By spouse
holding ALRS Common Stock 89.3K Feb 21, 2022 By the Alerus Financial Corporation Employee Stock Ownership Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 26,441 shares of restricted stock
F2 Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.