Form 4 for ALRS ALERUS FINANCIAL CORP
Accepted 2024-02-20 00:00:00 ET · period of report 2024-02-17 · accession 0001104659-24-025503 · 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 | Hendry Jon | CTO, EVP | M - OptEx | — | +1,021 | 51.2K | +2% | — |
| D | 2024-02-20 | 2024-02-17 | ALRS | Hendry Jon | CTO, EVP | F - Tax | $22.86 | -322 | 50.9K | -0.6% | -$7,361 |
| D | 2024-02-20 | 2024-02-17 | ALRS | Hendry Jon | CTO, EVP | M - OptEx | $0.00 | -1,021 | 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 | 1,021 | — | 51,216 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F2) Includes 46,398 shares held jointly with Mr. Hendry's spouse. |
| 2 | Common | Common Stock | 2024-02-17 | F | D | 322 | $22.86 | 50,894 | D | — | — | (F3) Shares withheld upon vesting of restricted stock units for payment of tax liability. |
| 3 | Derivative | Restricted Stock Units | 2024-02-17 | M | D | 1,021 | $0.00 | 0 | D | — · — to — | 1,021 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F4) On February 17, 2021, Mr. Hendry was granted 1,021 time-based restricted stock units, vesting on February 17, 2024. |