FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Cable Thomas J. 		2. Issuer Name and Ticker or Trading Symbol

OMEROS CORP [ OMER ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

201 ELLIOTT AVENUE WEST 		3. Date of Earliest Transaction (MM/DD/YYYY)

3/24/2015
(Street)

SEATTLE, WA 98119
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   3/24/2015     S (1)    1790   D $24.4284   (2) 55277   D    
Common Stock   3/24/2015     S (1)    210   D $25.0687   (3) 55067   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Open market sale pursuant to a 10b5-1 trading plan adopted by the reporting person on November 21, 2014, at which time the trading schedule, including sale periods and the number of shares to be sold, was established, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. This Rule 10b5-1 plan provides for fixed sales of a total of 8,000 shares over a one-year period beginning March 2015, with sale periods commencing approximately every four months. This sale of 2,000 shares is the result of the first trade pursuant to this trading plan, which will end on March 31, 2016.
( 2)  This transaction was executed in multiple trades at prices ranging from $23.95 to $24.8978; 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 footnotes (2) and (3) were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
( 3)  This transaction was executed in multiple trades at prices ranging from $25.0122 to $25.13; the price reported above reflects the weighted average sales price.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Cable Thomas J.
201 ELLIOTT AVENUE WEST
SEATTLE, WA 98119 		X



Signatures
/s/ Marcia S. Kelbon, attorney-in-fact on behalf of Thomas J. Cable 3/26/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Omeros (NASDAQ:OMER)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Omeros Charts.
Omeros (NASDAQ:OMER)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Omeros Charts.