0001104659-24-012278.txt : 20240208
0001104659-24-012278.hdr.sgml : 20240208
20240208160352
ACCESSION NUMBER: 0001104659-24-012278
CONFORMED SUBMISSION TYPE: 5
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231231
FILED AS OF DATE: 20240208
DATE AS OF CHANGE: 20240208
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Collins Jim
CENTRAL INDEX KEY: 0001932201
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 5
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39036
FILM NUMBER: 24608963
MAIL ADDRESS:
STREET 1: 401 DEMERS AVENUE
CITY: GRAND FORKS
STATE: ND
ZIP: 58201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ALERUS FINANCIAL CORP
CENTRAL INDEX KEY: 0000903419
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 450375407
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 401 DEMERS AVE
CITY: GRAND FORKS
STATE: ND
ZIP: 58201
BUSINESS PHONE: 7017953200
MAIL ADDRESS:
STREET 1: PO BOX 6001
STREET 2: 401 DEMERS AVE
CITY: GRAND FORKS
STATE: ND
ZIP: 58206-6001
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST NATIONAL CORP NORTH DAKOTA
DATE OF NAME CHANGE: 19980312
5
1
tm245214-2_5seq1.xml
OWNERSHIP DOCUMENT
X0508
5
2023-12-31
0
0
0
0000903419
ALERUS FINANCIAL CORP
ALRS
0001932201
Collins Jim
401 DEMERS AVENUE
GRAND FORKS
ND
58201
0
1
0
0
EVP, CBO & CRO
0
Restricted Stock Units
2023-02-21
5
A
0
6307
0
A
Common Stock
6307
6307
D
Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock.
Includes 2,523 restricted stock units that have time-based vesting components. Includes 3,784 restricted stock units that have performance-based vesting components.
The time-based restricted stock units vest on February 21, 2026. The performance-based restricted stock units vest on February 21, 2026, so long as Alerus Financial Corporation meets certain total stockholder return goals.
/s/ Nicholas Brenckman, by power of attorney
2024-02-08