Form 4 for ALRS ALERUS FINANCIAL CORP
Accepted 2025-02-05 00:00:00 ET · period of report 2025-02-03 · accession 0001437749-25-002813 · 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 | 2025-02-05 | 2025-02-03 | ALRS | Lorenson Katie A | CEO, Dir | M - OptEx | — | +3,858 | 48.4K | +9% | — |
| D | 2025-02-05 | 2025-02-03 | ALRS | Lorenson Katie A | CEO, Dir | M - OptEx | $0.00 | -3,858 | 5,788 | -40% | $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 | 2025-02-03 | M | A | 3,858 | — | 48,365 | D | — | — | (F1) On February 2, 2022, the reporting person was granted 9,646 restricted stock units, including 3,858 restricted stock units vesting on February 3, 2025, and 5,788 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) Includes 3,263 shares of restricted stock and 11,626 shares held jointly with Ms. Lorenson's spouse. |
| 2 | Derivative | Restricted Stock Units | 2025-02-03 | M | D | 3,858 | $0.00 | 5,788 | D | — · — to — | 3,858 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock. (F1) On February 2, 2022, the reporting person was granted 9,646 restricted stock units, including 3,858 restricted stock units vesting on February 3, 2025, and 5,788 restricted stock units with performance-based vesting components. |