4//SEC Filing
Wilson Forrest 4
Accession 0001437749-25-005727
CIK 0000903419other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 4:15 PM ET
Size
5.8 KB
Accession
0001437749-25-005727
Insider Transaction Report
Form 4
Wilson Forrest
EVP & Chief Ret. Svcs. Officer
Transactions
- Award
Restricted Stock Units
2025-02-26+7,558→ 7,558 total→ Common Stock (7,558 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock.
- [F2]Includes 3,023 restricted stock units that have time-based vesting components. Includes 4,535 restricted stock units that have performance-based vesting components.
- [F3]The time-based restricted stock units vest on February 26, 2028. The performance-based restricted stock units vest no later than March 15, 2028, so long as Alerus Financial Corporation meets certain cumulative EPS and ROE goals. The payout for performance-based restricted stock units could be increased to 150% of target or reduced to 0% based on achievement of the applicable metrics.
Documents
Issuer
ALERUS FINANCIAL CORP
CIK 0000903419
Entity typeother
Related Parties
1- filerCIK 0002012603
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 4:15 PM ET
- Size
- 5.8 KB