ALERUS FINANCIAL CORP — Director's Dealing 2020

Jun 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALERUS FINANCIAL CORP (ALRS)
CIK: 0000903419
Period of Report: 2020-05-28

Reporting Person: Vetter Galen G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-28	Common Stock	A	2114	$0.00	Acquired	38197	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	438	Indirect
Common Stock	1562	Indirect

Footnotes

F1: All 2,114 shares were acquired pursuant to an annual director award issued under the Alerus Financial Corporation 2019 Equity Incentive Plan.

F2: Shares held by Mr. Vetter's spouse.

F3: Vetter Community Resource, LLC is an entity that is 50% owned by Mr. Vetter and 50% owned by his spouse.