Form 4 for ALRS ALERUS FINANCIAL CORP
Accepted 2022-06-02 00:00:00 ET · period of report 2022-05-31 · accession 0001104659-22-067603 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-02 | 2022-05-31 | ALRS | Collins Jim | EVP, CRO, CBO | A - Grant | $0.00 | +15.5K | 15.5K | New | $0 |
| D | 2022-06-02 | 2022-05-31 | ALRS | Collins Jim | EVP, CRO, CBO | A - Grant | $0.00 | +3,755 | 3,755 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-05-31 | A | A | 15,504 | $0.00 | 15,504 | D | — | — | (F1) All 15,504 shares are shares of restricted stock. |
| 2 | Derivative | Restricted Stock Units | 2022-05-31 | A | A | 3,755 | $0.00 | 3,755 | D | — · — to — | 3,755 Common Stock | (F3) Includes 1,502 restricted stock units that have time-based vesting components. Includes 2,253 restricted stock units that have performance-based vesting components. (F2) Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock. (F4) The time-based restricted stock units vest on February 3, 2025. The performance-based restricted stock units vest on February 3, 2025, so long as Alerus Financial Corporation meets certain total stockholder return goals. |