Villalon Alan 4
4 · ALERUS FINANCIAL CORP · Filed Feb 5, 2025
Insider Transaction Report
Form 4
Villalon Alan
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2025-02-03+1,326→ 8,714 total - Tax Payment
Common Stock
2025-02-03$21.14/sh−477$10,084→ 8,237 total - Exercise/Conversion
Restricted Stock Units
2025-02-03−1,326→ 1,989 total→ Common Stock (1,326 underlying)
Holdings
- 236.971(indirect: By the Alerus Financial Corporation Employee Stock Ownership Plan)
Common Stock
Footnotes (4)
- [F1]On February 3, 2022, the reporting person was granted 3,315 restricted stock units, including 1,326 restricted stock units vesting on February 3, 2025, and 1,989 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]Shares withheld upon vesting of restricted stock for payment of tax liability.
- [F4]Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.