Kevin D. Lemke - 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, 01:23 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 +1.67% $0.00 82K May 11, 2022 Direct F1, F2
holding ALRS Common Stock 19K Dec 31, 2022 By Trust F3
* 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. Lemke as of December 31, 2022.
F3 19,000 shares of common stock are held by Mr. Lemke as trustee of the Doreen D. Lemke Testamentary Family Trust. Mr. Lemke possesses sole voting and investment power with respect to these shares.