OMEROS CORP — Director's Dealing 2009

Oct 13, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OMEROS CORP (OMER)
CIK: 0001285819
Period of Report: 2009-10-13

Reporting Person: Demopulos Peter A MD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-10-13	Common Stock	C	51021	—	Acquired	93298	Direct
2009-10-13	Common Stock	C	6123	—	Acquired	99421	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-10-13	Series A Preferred Stock	$	C	51021	Disposed		Common Stock (51021)	Direct
2009-10-13	Series E Preferred Stock	$	C	6123	Disposed		Common Stock (6123)	Direct

Footnotes

F1: Each share of preferred stock converted into Omeros Corporation common stock on a 1-for-1 basis on October 13, 2009, and had no expiration date.