Ray Aspiri - 11 Jun 2021 Form 4 Insider Report for OMEROS CORP (OMER)

Role
Director
Signature
/s/ Peter B. Cancelmo, Attorney-in-Fact
Issuer symbol
OMER
Transactions as of
11 Jun 2021
Net transactions value
$0
Form type
4
Filing time
14 Feb 2022, 16:05:28 UTC
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OMER Stock Option (Right to Buy) Award $0 +7,500 $0.000000 7,500 11 Jun 2021 Common Stock 7,500 $15.81 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Ray Aspiri is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to Omeros Corporation's non-employee director compensation policy, on the date of each annual meeting of shareholders, each non-employee director who has served as a director for at least six months and who will continue to serve as a director after the annual meeting is automatically granted an option to purchase 7,500 shares of common stock. This Form 4 reports the annual stock option award granted to the reporting person in conjunction with the annual meeting of shareholders held on June 11, 2021.
F2 The stock option reported on this Form 4 was scheduled to vest on the day before the date of the issuer's 2022 annual meeting of the shareholders, provided that the reporting person continued to serve as a director of the issuer through such date. The reporting person retired from the issuer's board of directors in October 2021. As a result, the option was terminated without becoming exercisable.