Omeros (NASDAQ: OMER) director Leroy Hood granted 15,000 stock options at $10.28
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OMEROS CORP director Leroy E. Hood received a routine stock option grant as part of non-employee director compensation. He was granted options to buy 15,000 shares of common stock at an exercise price of $10.28 per share, expiring on June 17, 2036. The option will fully vest and become exercisable on the day before the 2027 annual meeting of shareholders, provided he continues to serve as a director through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hood Leroy E. MD PhD
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 15,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 15,000 shares (Direct, null)
Footnotes (1)
- Pursuant to Omeros Corporation's non-employee director compensation policy, on the date of each annual meeting of shareholders, each non-employee director who has served as a director for at least six months and who will continue to serve as a director after the annual meeting is automatically granted an option to purchase 15,000 shares of common stock. This Form 4 reports the annual stock option award granted to the reporting person in conjunction with the annual meeting of shareholders held on June 18, 2026. This option will fully vest and become exercisable on the day before the date of the 2027 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.
Key Figures
Option grant size: 15,000 shares
Exercise price: $10.28/share
Expiration date: June 17, 2036
+1 more
4 metrics
Option grant size
15,000 shares
Stock options to buy common stock granted to director
Exercise price
$10.28/share
Exercise price for the 15,000-stock option grant
Expiration date
June 17, 2036
Expiration of granted stock options if not exercised
Options after grant
15,000 options
Total derivative securities following this reported transaction
Key Terms
non-employee director compensation policy, stock option, vest, annual meeting of shareholders
4 terms
non-employee director compensation policy financial
"Pursuant to Omeros Corporation's non-employee director compensation policy, on the date of each annual meeting..."
stock option financial
"each non-employee director ... is automatically granted an option to purchase 15,000 shares of common stock"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vest financial
"This option will fully vest and become exercisable on the day before the date of the 2027 annual meeting..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did OMER (Omeros Corp) director Leroy E. Hood report on this Form 4?
Director Leroy E. Hood reported receiving a stock option grant for 15,000 shares of Omeros common stock. The options were granted at an exercise price of $10.28 per share as part of the company’s non-employee director compensation program.
How many OMER stock options were granted to Leroy E. Hood?
Leroy E. Hood was granted stock options covering 15,000 shares of Omeros common stock. This grant is made automatically under the company’s non-employee director compensation policy in connection with the annual meeting of shareholders.
What is the exercise price of Leroy E. Hood’s new OMER stock options?
The exercise price of the new Omeros stock options granted to Leroy E. Hood is $10.28 per share. This is the price he must pay per share to purchase common stock upon exercising the options in the future.
When do Leroy E. Hood’s OMER stock options vest and become exercisable?
The stock options granted to Leroy E. Hood will fully vest and become exercisable on the day before the 2027 annual meeting of Omeros shareholders, assuming he continues to serve as a director through that date without interruption.
Why did OMER grant 15,000 stock options to Leroy E. Hood?
Omeros granted 15,000 stock options to Leroy E. Hood under its non-employee director compensation policy. Each eligible non-employee director automatically receives an annual option award in conjunction with the company’s annual meeting of shareholders.
When do Leroy E. Hood’s newly granted OMER stock options expire?
Leroy E. Hood’s newly granted Omeros stock options expire on June 17, 2036. After this expiration date, any unexercised portion of the 15,000-share option grant will no longer be exercisable or have value.