0001104659-21-038994.txt : 20210319
0001104659-21-038994.hdr.sgml : 20210319
20210319151830
ACCESSION NUMBER: 0001104659-21-038994
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210217
FILED AS OF DATE: 20210319
DATE AS OF CHANGE: 20210319
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Newman Randy L
CENTRAL INDEX KEY: 0001786850
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39036
FILM NUMBER: 21757886
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]
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
4
1
tm219827-3_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-02-17
0
0000903419
ALERUS FINANCIAL CORP
ALRS
0001786850
Newman Randy L
401 DEMERS AVENUE
GRAND FORKS
ND
58201
1
1
0
0
Chairman, CEO and President
Restricted Stock Units
2021-02-17
4
A
0
14723
0
A
Common Stock
14723
14723
D
Each restricted stock unit represents a contingent right to receive one share of Alerus Financial Corporation common stock.
Includes 5,889 restricted stock units that have time-based vesting components. Includes 8,834 restricted stock units that have performance-based vesting components.
The time-based restricted stock units vest on February 17, 2024. The performance-based restricted stock units vest on February 17, 2024, so long as Alerus Financial Corporation meets certain total stockholder return goals.
/s/ Scott Fenske, by power of attorney
2021-03-19