Missy Keney - 16 Mar 2023 Form 4 Insider Report for ALERUS FINANCIAL CORP (ALRS)

Signature
/s/ Scott Fenske, by power of attorney
Issuer symbol
ALRS
Transactions as of
16 Mar 2023
Net transactions value
+$9,949
Form type
4
Filing time
17 Mar 2023, 08:20:57 UTC
Previous filing
22 Feb 2023
Next filing
08 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALRS Common Stock Purchase $33.65 +2 +0.04% $16.82 5,582 16 Mar 2023 Direct F1
transaction ALRS Common Stock Purchase $2,280 +135 +2.4% $16.89 5,717 16 Mar 2023 Direct F2
transaction ALRS Common Stock Purchase $7,635 +451 +7.9% $16.93 6,168 16 Mar 2023 Direct F3
holding ALRS Common Stock 4,345 16 Mar 2023 By spouse F4
holding ALRS Common Stock 3,309 16 Mar 2023 By the Alerus Financial Corporation Employee Stock Ownership Plan F5
holding ALRS Common Stock 3,971 16 Mar 2023 By the Alerus Financial Corporation Employee Stock Ownership Plan F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,152 shares held jointly with Ms. Keney's spouse.
F2 Includes 3,287 shares held jointly with Ms. Keney's spouse.
F3 Includes 3,738 shares held jointly with Ms. Keney's spouse.
F4 All 4,345 shares are shares of restricted stock.
F5 Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.
F6 Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.
F7 All shares are held by the Alerus Financial Corporation Employee Stock Ownership Plan in the name of Ms. Keney's spouse.