Form 4 for ALRS ALERUS FINANCIAL CORP
Accepted 2025-02-05 00:00:00 ET · period of report 2025-02-03 · accession 0001437749-25-002815 · 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 | Collins Jim | EVP, CRO, CBO | M - OptEx | — | +1,502 | 13.3K | +13% | — |
| D | 2025-02-05 | 2025-02-03 | ALRS | Collins Jim | EVP, CRO, CBO | M - OptEx | $0.00 | -1,502 | 2,253 | -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 | 1,502 | — | 13,294 | D | — | — | (F1) On May 31, 2022, the reporting person was granted 3,755 restricted stock units, including 1,502 restricted stock units vesting on February 3, 2025, and 2,253 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 5,168 shares of restricted stock (which number of shares of restricted stock appeared incorrectly on the reporting person's last ownership report). |
| 2 | Derivative | Restricted Stock Units | 2025-02-03 | M | D | 1,502 | $0.00 | 2,253 | D | — · — to — | 1,502 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock. (F1) On May 31, 2022, the reporting person was granted 3,755 restricted stock units, including 1,502 restricted stock units vesting on February 3, 2025, and 2,253 restricted stock units with performance-based vesting components. |