Lorenson Katie A 4
4 · ALERUS FINANCIAL CORP · Filed Feb 5, 2025
Insider Transaction Report
Form 4
Lorenson Katie A
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2025-02-03+3,858→ 48,365 total - Exercise/Conversion
Restricted Stock Units
2025-02-03−3,858→ 5,788 total→ Common Stock (3,858 underlying)
Holdings
- 2,000.053(indirect: By the Alerus Financial Corporation Employee Stock Ownership Plan)
Common Stock
Footnotes (4)
- [F1]On February 2, 2022, the reporting person was granted 9,646 restricted stock units, including 3,858 restricted stock units vesting on February 3, 2025, and 5,788 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 3,263 shares of restricted stock and 11,626 shares held jointly with Ms. Lorenson's spouse.
- [F4]Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.