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

Role
Director
Signature
/s/ Scott Fenske, by power of attorney
Stock symbol
ALRS
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/2/2023, 01:19 PM
Previous filing
May 13, 2021
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALRS Common Stock Award $0 +1.35K +3.43% $0.00 40.8K May 11, 2022 Direct F1, F2
holding ALRS Common Stock 438 Dec 31, 2022 By spouse F3
holding ALRS Common Stock 1.56K Dec 31, 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.