OMEROS CORP — Director's Dealing 2009

Oct 8, 2009

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: OMEROS CORP (OMER)
CIK: 0001285819
Period of Report: 2009-10-07

Reporting Person: Tripet Jean-Philippe (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3534.00	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series E Preferred Stock	$		Common Stock (489568)		Indirect

Footnotes

F1: 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.

F2: These securities are preferred stock of Omeros Corporation and do not have an expiration date. These securities will automatically convert into shares of common stock upon the consummation of Omeros Corporation's initial public offering.

F3: Each share of Series E Preferred Stock is convertible into one share of common stock.

F4: 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.