Form 4: Omeros Corp Director Thomas J. Cable Awarded Stock Options

Director Thomas J. Cable received a stock option to purchase 15,000 shares of Omeros Corp common stock on June 6, 2024, as part of the company's non-employee director compensation policy.

Summary

• Thomas J. Cable, a director at Omeros Corp, was granted a stock option on June 6, 2024.
• The option allows him to purchase 15,000 shares of Omeros Corp common stock at an exercise price of $3.91.
• This grant is part of Omeros Corporation's non-employee director compensation policy.
• The option was awarded in conjunction with the annual meeting of shareholders held on June 6, 2024.
• The option will fully vest and become exercisable on the day before the date of the 2025 annual meeting of the shareholders of Omeros Corporation, provided that the reporting person continues to serve as a director of the company through such date.

Sentiment

Score: 7

Explanation: The document indicates standard director compensation practices, which is generally viewed neutrally to positively as it aligns director interests with shareholders.

Positives

• The stock option grant aligns the director's interests with those of the shareholders.
• The vesting schedule incentivizes continued service as a director.

Future Outlook

The director's continued service is incentivized by the vesting of the stock option in 2025.

Industry Context

Stock options are a common form of compensation for directors of publicly traded companies, aligning their interests with those of shareholders.

Stakeholder Impact

• Shareholders benefit from the alignment of director interests with company performance.
• The director is incentivized to contribute to the company's success.

Key Dates