Taylor Karin M 4

4 · ALERUS FINANCIAL CORP · Filed Feb 5, 2025

Form 4

Period: 2025-02-03

EVP and COO

Transactions

Exercise/Conversion
Common Stock
2025-02-03+1,326→ 25,186 total
Exercise/Conversion
Common Stock
2025-02-03+74→ 25,260 total
Exercise/Conversion
Restricted Stock Units
2025-02-03−1,326→ 1,989 total
→ Common Stock (1,326 underlying)
Exercise/Conversion
Restricted Stock Units
2025-07-03−74→ 110 total
→ Common Stock (74 underlying)
Tax Payment
Common Stock
2025-02-03$21.14/sh−504$10,655→ 24,756 total

Holdings

Common Stock
(indirect: By the Alerus Financial Corporation Employee Stock Ownership Plan)
1,587.491

Footnotes (6)

[F1]On February 3, 2022, the reporting person was granted 3,315 restricted stock units, including 1,326 restricted stock units vesting on February 3, 2025, and 1,989 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 3,012 shares of restricted stock.
[F4]On July 3, 2022, the reporting person was granted 184 restricted stock units, including 74 restricted stock units vesting on February 3, 2025, and 110 restricted stock units with performance-based vesting components.
[F5]Shares withheld upon vesting of restricted stock for payment of tax liability.
[F6]Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.

Documents

1 file