Hendry Jon 4
4 · ALERUS FINANCIAL CORP · Filed Feb 22, 2023
Insider Transaction Report
Form 4
Hendry Jon
Chief Technology Officer & EVP
Transactions
- Exercise/Conversion
Common Stock
2023-02-19+3,232→ 50,106 total - Award
Common Stock
2023-02-19+1,616→ 51,722 total - Tax Payment
Common Stock
2023-02-19$20.25/sh−1,527$30,922→ 50,195 total - Exercise/Conversion
Peformance-Based Restricted Stock Units
2023-02-19−3,232→ 0 total→ Common Stock (3,232 underlying)
Holdings
- 3,000(indirect: By Spouse)
Common Stock
- 21,051.874(indirect: By the Alerus Financial Corporation Employee Stock Ownership Plan)
Common Stock
Footnotes (4)
- [F1]Performance-based restricted stock units convert into common stock on a one-for-one basis.
- [F2]Includes 46,398 shares held jointly with Mr. Hendry's spouse.
- [F3]Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.
- [F4]On February 19, 2020 the reporting person was granted 3,232 performance-based restricted stock units, vesting on February 19, 2023, so long as Alerus Financial Corporation meets certain total stockholder return goals.