Galen G. Vetter - 31 Dec 2022 Form 5 Insider Report for ALERUS FINANCIAL CORP (ALRS)

Role
Director
Signature
/s/ Scott Fenske, by power of attorney
Issuer symbol
ALRS
Transactions as of
31 Dec 2022
Net transactions value
$0
Form type
5
Filing time
02 Feb 2023, 13:19:54 UTC
Previous filing
13 May 2021
Next filing
15 May 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 +1,350 +3.4% $0.000000 40,762 11 May 2022 Direct F1, F2
holding ALRS Common Stock 438 31 Dec 2022 By spouse F3
holding ALRS Common Stock 1,562 31 Dec 2022 By Vetter Community Resource, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All shares were acquired pursuant to an annual director award issued under the Alerus Financial Corporation 2019 Equity Incentive Plan.
F2 Indicates the total number of shares of common stock owned directly by Mr. Vetter as of December 31, 2022.
F3 Shares held by Mr. Vetter's spouse.
F4 Vetter Community Resource, LLC is an entity that is 50% owned by Mr. Vetter and 50% owned by his spouse.