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ALERUS FINANCIAL CORP — Director's Dealing 2021
Mar 19, 2021
32725_dirs_2021-03-19_051de97b-0813-4e63-9e34-dd5ca18f7b82.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALERUS FINANCIAL CORP (ALRS)
CIK: 0000903419
Period of Report: 2021-02-17
Reporting Person: Newman Randy L (Director, Chairman, CEO and President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-17 | Restricted Stock Units | $ | A | 14723 | Acquired | Common Stock (14723) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock.
F2: Includes 5,889 restricted stock units that have time-based vesting components. Includes 8,834 restricted stock units that have performance-based vesting components.
F3: The time-based restricted stock units vest on February 17, 2024. The performance-based restricted stock units vest on February 17, 2024, so long as Alerus Financial Corporation meets certain total stockholder return goals.