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

Signature
/s/ Scott Fenske, by power of attorney
Issuer symbol
ALRS
Transactions as of
12 May 2023
Net transactions value
+$19,988
Form type
4
Filing time
15 May 2023, 14:23:07 UTC
Previous filing
20 Mar 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 $19,988 +1,438 +3.8% $13.90 38,836 12 May 2023 Direct F1
holding ALRS Common Stock 1,125 12 May 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.