Keney Missy 4

4 · ALERUS FINANCIAL CORP · Filed Feb 5, 2025

Form 4

Period: 2025-02-03

Chief Engagement Officer

Transactions

Exercise/Conversion
Common Stock
2025-02-03+361→ 7,503 total
Exercise/Conversion
Restricted Stock Units
2025-02-03−246→ 368 total
→ Common Stock (246 underlying)
Exercise/Conversion
Restricted Stock Units
2025-02-03−361→ 542 total
→ Common Stock (361 underlying)
Exercise/Conversion
Common Stock
2025-02-03+246→ 7,142 total

Holdings

Common Stock
(indirect: By Spouse)
4,345
Common Stock
(indirect: By the Alerus Financial Corporation Employee Stock Ownership Plan)
4,188.07
Common Stock
(indirect: By the Alerus Financial Corporation Employee Stock Ownership Plan)
4,770.095

Footnotes (7)

[F1]On February 3, 2022, the reporting person was granted 614 restricted stock units, including 246 restricted stock units vesting on February 3, 2025, and 368 restricted stock units with performance-based vesting components.
[F2]Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock.
[F3]Includes 3,738 shares held jointly with Ms. Keney's spouse.
[F4]On July 3, 2022, the reporting person was granted 903 restricted stock units, including 361 restricted stock units vesting on February 3, 2025, and 542 restricted stock units with performance-based vesting components.
[F5]Includes 2,500 shares of restricted stock.
[F6]Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.
[F7]All shares are held by the Alerus Financial Corporation Employee Stock Ownership Plan in the name of Ms. Keney's spouse.

Documents

1 file