Galen G. Vetter - 21 May 2024 Form 4 Insider Report for ALERUS FINANCIAL CORP (ALRS)

Role
Director
Signature
/s/ Nicholas Brenckman, by power of attorney
Issuer symbol
ALRS
Transactions as of
21 May 2024
Net transactions value
$0
Form type
4
Filing time
23 May 2024, 16:33:47 UTC
Previous filing
15 May 2023
Next filing
27 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALRS Common stock Award $0 +2,559 +5.6% $0.000000 48,572 21 May 2024 Direct F1, F2, F3
holding ALRS Common Stock 1,318 21 May 2024 By Spouse F4
* 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 2,559 shares of restricted stock.
F3 Includes shares previously held indirectly by Mr. Vetter through Vetter Community Resource, LLC, an entity that was 50% owned by Mr. Vetter and 50% owned by his spouse, which has been dissolved.
F4 Shares held by Mr. Vetter's spouse.

Remarks:

Exhibit 24 - Power of Attorney