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4//SEC Filing

Hendry Jon 4

Accession 0001437749-25-000448

CIK 0000903419other

Filed

Jan 5, 7:00 PM ET

Accepted

Jan 6, 4:01 PM ET

Size

21.4 KB

Accession

0001437749-25-000448

Insider Transaction Report

Form 4
Period: 2025-01-02
Hendry Jon
Chief Technology Officer & EVP
Transactions
  • Exercise/Conversion

    Restricted Stock Units

    2025-01-021,8910 total
    Common Stock (1,891 underlying)
  • Exercise/Conversion

    Common Stock

    2025-01-02+1,67255,430 total
  • Exercise/Conversion

    Common Stock

    2025-01-02+1,89157,321 total
  • Tax Payment

    Common Stock

    2025-01-02$19.14/sh1,454$27,83055,867 total
  • Exercise/Conversion

    Restricted Stock Units

    2025-01-021,0350 total
    Common Stock (1,035 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2025-01-02630 total
    Common Stock (63 underlying)
  • Exercise/Conversion

    Common Stock

    2025-01-02+1,03553,695 total
  • Exercise/Conversion

    Common Stock

    2025-01-02+6353,758 total
  • Exercise/Conversion

    Restricted Stock Units

    2025-01-021,6720 total
    Common Stock (1,672 underlying)
Holdings
  • Common Stock

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

    (indirect: By the Alerus Financial Corporation Employee Stock Ownership Plan)
    21,951.954
Footnotes (8)
  • [F1]On February 3, 2022, Mr. Hendry was granted 1,035 time-based restricted stock units, the vesting of which was accelerated on January 2, 2024 by Mr. Hendry's retirement.
  • [F2]Restricted stock units convert into common stock on a one-for-one basis.
  • [F3]Includes 46,398 shares held jointly with Mr. Hendry's spouse.
  • [F4]On July 1, 2022, Mr. Hendry was granted 63 time-based restricted stock units, the vesting of which was accelerated on January 2, 2024 by Mr. Hendry's retirement.
  • [F5]On February 21, 2023, Mr. Hendry was granted 1,672 time-based restricted stock units, the vesting of which was accelerated on January 2, 2024 by Mr. Hendry's retirement
  • [F6]On February 27, 2024, Mr. Hendry was granted 1,891time-based restricted stock units, the vesting of which was accelerated on January 2, 2024 by Mr. Hendry's retirement.
  • [F7]Shares withheld upon vesting of restricted stock units for payment of tax liability.
  • [F8]Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.

Issuer

ALERUS FINANCIAL CORP

CIK 0000903419

Entity typeother

Related Parties

1
  • filerCIK 0001942217

Filing Metadata

Form type
4
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:01 PM ET
Size
21.4 KB