Kevin D. Lemke - 08 May 2023 Form 4 Insider Report for ALERUS FINANCIAL CORP (ALRS)

Role
Director
Signature
/s/ Scott Fenske, by power of attorney
Issuer symbol
ALRS
Transactions as of
08 May 2023
Transactions value $
$0
Form type
4
Filing time
15 May 2023, 11:16:58 UTC
Previous filing
02 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALRS Common Stock Award $0 +2.59K +3.16% $0.00 84.6K 08 May 2023 Direct F1
holding ALRS Common Stock 19K 08 May 2023 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All shares were acquired pursuant to an annual director award issued under the Alerus Financial Corporation 2019 Equity Incentive Plan.
F2 19,000 shares of common stock are held by Mr. Lemke as trustee of the Doreen D. Lemke Testamentary Family Trust. Mr. Lemke possesses sole voting and investment power with respect to these shares.