ARNOLD C. HANISH - 22 May 2023 Form 4 Insider Report for OMEROS CORP (OMER)

Role
Director
Signature
/s/ Peter B. Cancelmo, Attorney-in-Fact
Issuer symbol
OMER
Transactions as of
22 May 2023
Net transactions value
-$5,800
Form type
4
Filing time
23 May 2023, 17:53:46 UTC
Previous filing
05 Jan 2023
Next filing
27 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OMER Common Stock Options Exercise $26,500 +5,000 $5.30 5,000 22 May 2023 Direct
transaction OMER Common Stock Sale $32,300 -5,000 -100% $6.46 0 22 May 2023 Direct F1
holding OMER Common Stock 12,400 22 May 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 -5,000 -100% $0.000000* 0 22 May 2023 Common Stock 5,000 $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.