McConn Ann 4
4 · ALERUS FINANCIAL CORP · Filed Mar 19, 2021
Insider Transaction Report
Form 4
McConn Ann
Executive Vice President/ CBO
Transactions
- Award
Restricted Stock Units
2021-02-17+3,637→ 3,637 total→ Common Stock (3,637 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock.
- [F2]Includes 1,455 restricted stock units that have time-based vesting components. Includes 2,182 restricted stock units that have performance-based vesting components.
- [F3]The time-based restricted stock units vest on February 17, 2024. The performance-based restricted stock units vest on February 17, 2024, so long as Alerus Financial Corporation meets certain total stockholder return goals.