Katie A. Lorenson - May 12, 2023 Form 4 Insider Report for ALERUS FINANCIAL CORP (ALRS)

Role
President and CEO, Director
Signature
/s/ Scott Fenske, by power of attorney
Stock symbol
ALRS
Transactions as of
May 12, 2023
Transactions value $
$19,988
Form type
4
Date filed
5/15/2023, 02:23 PM
Previous filing
Mar 20, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALRS Common Stock Purchase $20K +1.44K +3.85% $13.90 38.8K May 12, 2023 Direct F1
holding ALRS Common Stock 1.13K May 12, 2023 By the Alerus Financial Corporation Employee Stock Ownership Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 6,526 shares of restricted stock. Includes 10,626 shares held jointly with Ms. Lorenson's spouse.
F2 Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.