Arnold C. Hanish - May 22, 2023 Form 4 Insider Report for OMEROS CORP (OMER)

Role
Director
Signature
/s/ Peter B. Cancelmo, Attorney-in-Fact
Stock symbol
OMER
Transactions as of
May 22, 2023
Transactions value $
-$5,800
Form type
4
Date filed
5/23/2023, 05:53 PM
Previous filing
Jan 5, 2023
Next filing
Jun 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OMER Common Stock Options Exercise $26.5K +5K $5.30 5K May 22, 2023 Direct
transaction OMER Common Stock Sale -$32.3K -5K -100% $6.46 0 May 22, 2023 Direct F1
holding OMER Common Stock 12.4K May 22, 2023 Arnold C. Hanish Living Trust F2

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) Options Exercise $0 -5K -100% $0.00* 0 May 22, 2023 Common Stock 5K $5.30 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $6.34 to $6.61. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions referenced in this footnote were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
F2 These shares have not been sold and are held of record by the Arnold C. Hanish Living Trust, for which the reporting person serves as sole trustee.

Remarks:

The reported transaction reflects the exercise of expiring stock options and the simultaneous sale of the shares underlying the exercised option.