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ALERUS FINANCIAL CORP Director's Dealing 2021

Feb 11, 2021

32725_dirs_2021-02-11_831beef5-40e6-4a09-991a-b5538dfacb4b.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ALERUS FINANCIAL CORP (ALRS)
CIK: 0000903419
Period of Report: 2020-12-31

Reporting Person: McConn Ann (EVP & Chief Shared Serv. Off.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-24 Common Stock F 79 $21.54 Disposed 48113 Direct
2020-12-31 Common Stock A 150 $0.00 Disposed 47963 Direct
2020-12-31 Common Stock F 32 $26.68 Disposed 47931 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 10195 Indirect

Footnotes

F1: Indicates the total number of shares of common stock owned directly by Ms. McConn as of February 24, 2020. Includes 20,542 shares of restricted stock. Includes 27,350 shares held jointly with Ms. McConn's spouse.

F2: Indicates the total number of shares of common stock owned directly by Ms. McConn as of December 31, 2020. Includes 20,292 shares of restricted stock. Includes 27,350 shares held jointly with Ms. McConn's spouse.

F3: Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.