ALERUS FINANCIAL CORP·4

Feb 7, 12:30 PM ET

Hanson Jerrod 4

4 · ALERUS FINANCIAL CORP · Filed Feb 7, 2022

Insider Transaction Report

Form 4
Period: 2022-02-03
Hanson Jerrod
Chief Accounting Officer
Transactions
  • Award

    Restricted Stock Units

    2022-02-03+754754 total
    Common Stock (754 underlying)
Footnotes (3)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock.
  • [F2]Includes 302 restricted stock units that have time-based vesting components. Includes 452 restricted stock units that have performance-based vesting components.
  • [F3]The time-based restricted stock units vest on February 3, 2025. The performance-based restricted stock units vest on February 3, 2025, so long as Alerus Financial Corporation meets certain total stockholder return goals.

Documents

1 file
  • 4
    tm225670-5_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT