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