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4//SEC Filing

Hendry Jon 4

Accession 0001104659-23-024390

CIK 0000903419other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 6:10 PM ET

Size

11.9 KB

Accession

0001104659-23-024390

Insider Transaction Report

Form 4
Period: 2023-02-19
Hendry Jon
Chief Technology Officer & EVP
Transactions
  • Exercise/Conversion

    Common Stock

    2023-02-19+3,23250,106 total
  • Award

    Common Stock

    2023-02-19+1,61651,722 total
  • Tax Payment

    Common Stock

    2023-02-19$20.25/sh1,527$30,92250,195 total
  • Exercise/Conversion

    Peformance-Based Restricted Stock Units

    2023-02-193,2320 total
    Common Stock (3,232 underlying)
Holdings
  • Common Stock

    (indirect: By Spouse)
    3,000
  • Common Stock

    (indirect: By the Alerus Financial Corporation Employee Stock Ownership Plan)
    21,051.874
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.

Issuer

ALERUS FINANCIAL CORP

CIK 0000903419

Entity typeother

Related Parties

1
  • filerCIK 0001942217

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 6:10 PM ET
Size
11.9 KB