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: Tripet Jean-Philippe (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-10-13	Common Stock	C	489568	—	Acquired	493102	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-10-13	Series E Preferred Stock	$	C	489568	Disposed		Common Stock (489568)	Indirect

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.

F2: The reporting person is a director of Aravis General Partner Ltd., which serves as a general partner of Aravis Ventures I, L.P., the owner of the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.