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: Hood Leroy E. MD PhD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-10-13	Common Stock	C	28880	—	Acquired	28880	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-10-13	Series C Preferred Stock	$	C	28880	Disposed		Common Stock (28880)	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.