ALERUS FINANCIAL CORP — Director's Dealing 2021

Feb 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALERUS FINANCIAL CORP (ALRS)
CIK: 0000903419
Period of Report: 2021-02-22

Reporting Person: Lorenson Katie A (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-22	Common Stock	A	4934	$0.00	Acquired	20224	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	307.7329	Indirect

Footnotes

F1: Includes 6,526 shares of restricted stock. Includes 5,500 shares held jointly with Ms. Lorenson's spouse.

F2: Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.