SEC Form 4 · accession 0000899243-18-000628
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
Jan 3, 2018
Accepted (ET)
Jan 5, 2018 · 8:00 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 | Jan 3, 2018 | M | 1,020 | $9.37 | A | 8,520 | D | |
| Common Stock | Jan 3, 2018 | S | 1,020 | $22.45 | D | 7,500 | D | |
| Common Stock | Jan 4, 2018 | M | 1,000 | $9.37 | A | 8,500 | 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 | Jan 3, 2018 | M | 1,020 | D | — | Sep 24, 2023 | Common Stock | 1,020 | 58,980 | D |
| Stock Option (Right to Buy)F3 | $9.37 | Jan 4, 2018 | M | 1,000 | D | — | Sep 24, 2023 | Common Stock | 1,000 | 57,980 | D |
Explanation of responses
- F1Open market sale pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 15, 2017, 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.
- 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 36 months following the initial vesting date.
- F3On January 4, 2018, the reporting person paid the exercise price and exercised options to purchase 1,000 shares of the company's common stock. These shares have not been sold and are held for the account of the reporting person. The options exercised in this transaction have the same vesting terms described in footnote 2.