McConn Ann 4
4 · ALERUS FINANCIAL CORP · Filed Feb 7, 2022
Insider Transaction Report
Form 4
McConn Ann
Executive Vice President/ CBO
Transactions
- Award
Restricted Stock Units
2022-02-03+3,683→ 3,683 total→ Common Stock (3,683 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock.
- [F2]Includes 1,473 restricted stock units that have time-based vesting components. Includes 2,210 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.