Form 4 for ALRS ALERUS FINANCIAL CORP
Accepted 2024-02-20 00:00:00 ET · period of report 2024-02-17 · accession 0001104659-24-025499 · 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 | 2024-02-20 | 2024-02-17 | ALRS | Lorenson Katie A | Pres, CEO, Dir | M - OptEx | — | +1,437 | 40.3K | +4% | — |
| D | 2024-02-20 | 2024-02-17 | ALRS | Lorenson Katie A | Pres, CEO, Dir | M - OptEx | $0.00 | -1,437 | 0 | -100% | $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 | 2024-02-17 | M | A | 1,437 | — | 40,273 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F2) Includes 3,263 shares of restricted stock. Includes 10,626 shares held jointly with Ms. Lorenson's spouse. |
| 2 | Derivative | Restricted Stock Units | 2024-02-17 | M | D | 1,437 | $0.00 | 0 | D | — · — to — | 1,437 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F4) On February 17, 2021, Ms. Loreson was granted 1,437 time-based restricted stock units, vesting on February 17, 2024. |