SEC Form 4 · accession 0000899243-17-016504
OMEROS CORP · OMER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Jacobsen
Officer — VP Finance and CAO
Period of report
Jun 13, 2017
Accepted (ET)
Jun 15, 2017 · 7:02 pm EDT
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 | Jun 13, 2017 | M | 2,650 | $9.37 | A | 2,650 | D | |
| Common Stock | Jun 13, 2017 | S | 2,650 | $19.95 | D | 0 | D | |
| Common Stock | Jun 14, 2017 | M | 12,850 | $9.37 | A | 12,850 | D | |
| Common Stock | Jun 14, 2017 | S | 9,350 | $19.95 | D | 3,500 | D | |
| Common Stock | Jun 15, 2017 | M | 14,000 | $9.37 | A | 17,500 | D | |
| Common Stock | Jun 15, 2017 | S | 12,000 | $22.45 | D | 5,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $9.37 | Jun 13, 2017 | M | 2,650 | D | — | Sep 24, 2023 | Common Stock | 2,650 | 100,850 | D |
| Stock Option (Right to Buy)F2 | $9.37 | Jun 14, 2017 | M | 12,850 | D | — | Sep 24, 2023 | Common Stock | 12,850 | 88,000 | D |
| Stock Option (Right to Buy)F2 | $9.37 | Jun 15, 2017 | M | 14,000 | D | — | Sep 24, 2023 | Common Stock | 14,000 | 74,000 | D |
Explanation of responses
- F1Open market sale pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 2, 2016, 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. The closing price of the issuer's common stock on June 2, 2016 was $11.91 per share. This Rule 10b5-1 plan provides for fixed sales of a total of 36,000 shares from August 15, 2016 through August 15, 2017.
- F225% of the total number of shares subject to this option vested on September 3, 2014, which was the 12-month anniversary of the grant date, and the remaining shares subject to the option vest and become exercisable in equal monthly installments over the 48 months following the initial vesting date.