Randy L. Newman - 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, 11:18 AM
Previous filing
Feb 24, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALRS Common Stock Award $0 +2.59K +0.5% $0.00 524K May 8, 2023 Direct F1, F2
holding ALRS Common Stock 169K May 8, 2023 By spouse
holding ALRS Common Stock 94.4K May 8, 2023 By the Alerus Financial Corporation Employee Stock Ownership Plan 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 Includes 11,294 shares of restricted stock
F3 Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.