Galen G. Vetter - May 8, 2023 Form 4 Insider Report for ALERUS FINANCIAL CORP (ALRS)

Role
Director
Signature
/s/ Scott Fenske, by power of attorney
Stock symbol
ALRS
Transactions as of
May 8, 2023
Transactions value $
$0
Form type
4
Date filed
5/15/2023, 11:13 AM
Previous filing
Feb 2, 2023
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 +2.59K +6.35% $0.00 43.4K May 8, 2023 Direct F1
holding ALRS Common Stock 438 May 8, 2023 By spouse F2
holding ALRS Common Stock 1.56K May 8, 2023 By Vetter Community Resource, LLC 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 Shares held by Mr. Vetter's spouse.
F3 Vetter Community Resource, LLC is an entity that is 50% owned by Mr. Vetter and 50% owned by his spouse.