Randy L. Newman - 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, 01:26 PM
Previous filing
Feb 25, 2022
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALRS Common Stock Award $0 +1.35K +0.27% $0.00 501K May 11, 2022 Direct F1, F2
holding ALRS Common Stock 169K Dec 31, 2022 By spouse
holding ALRS Common Stock 88.3K Dec 31, 2022 By the Alerus Financial Corporation Employee Stock Ownership Plan
* 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. Newman as of December 31, 2022. Includes 11,294 shares of restricted stock.