SEC Form 4 · accession 0000899243-15-008898

OMEROS CORP · OMER

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP Patent and General Counsel

Period of report

Nov 23, 2015

Accepted (ET)

Nov 25, 2015 · 4:05 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001285819

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Nov 23, 2015	M	15,900	$0.98	A	147,026	D
Common Stock	Nov 23, 2015	S	15,900	$15.00	D	131,126	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)^F2	$0.98	Nov 23, 2015	M	15,900	D	—	Dec 11, 2016	Common Stock	15,900	159,100	D

F1Open market sale pursuant to a 10b5-1 trading plan adopted by the reporting person on June 3, 2014, at which time the trading schedule, including sale periods, price and the number of shares to be sold, was established, in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. This Rule 10b5-1 plan provides for fixed sales of a total of 175,000 shares, by exercise of options otherwise expiring on December 11, 2016, over a one-year period beginning in November 2015, with sale periods commencing approximately monthly and with approximately 15,900 shares to be sold in each sale period. Proceeds will be used for the payment of taxes owed on options exercised and held earlier this year and may also be used to fund the costs of and taxes on the future exercise and holding of other options. This sale of 15,900 shares is the result of the first monthly trade pursuant to this trading plan.
F2The option vested and became exercisable in 48 equal monthly installments. The first installment became exercisable on November 1, 2005 and subsequent installments became exercisable on each monthly anniversary thereafter.