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Omeros Corporation's VP Patent and General Counsel just cashed-in 15,900 options

Marcia S. Kelbon, Omeros Corporation's VP Patent and General Counsel, recently cashed-in 15,900 options. The options were exercised at $0.98, while the disposals took place at $15.18 per share, on April 15, 2016. Kelbon continues to hold 163,597 shares of the company. Kelbon operates out of Seattle, WA. Some additional info was provided as follows:

Open market sale pursuant to a 10b5-1 trading plan adopted by the reporting person on June 3, 2014, at which time the trading schedule, including sale periods, price and the number of shares to be sold, was established in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. This Rule 10b5-1 plan provides for fixed sales of a total of 175,000 shares, by exercise of options otherwise expiring...