Hendry Jon 5
5 · ALERUS FINANCIAL CORP · Filed Feb 8, 2024
Insider Transaction Report
Form 5
Hendry Jon
Chief Technology Officer & EVP
Transactions
- Award
Restricted Stock Units
2023-02-21+4,180→ 4,180 total→ Common Stock (4,180 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock.
- [F2]Includes 1,672 restricted stock units that have time-based vesting components. Includes 2,508 restricted stock units that have performance-based vesting components.
- [F3]The time-based restricted stock units vest on February 21, 2026. The performance-based restricted stock units vest on February 21, 2026, so long as Alerus Financial Corporation meets certain total stockholder return goals.