SEC Form 4 · accession 0001127602-16-047240
ORACLE CORP · ORCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Kurian
Officer — President-Product Development
Period of report
Mar 21, 2016
Accepted (ET)
Mar 23, 2016 · 12:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001341439
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 21, 2016 | M | 200,000 | $32.43 | A | 233,533 | D | |
| Common StockF1 | Mar 21, 2016 | S | 200,000 | $41.6062 | D | 33,533 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $32.43 | Mar 21, 2016 | M | 200,000 | D | — | Jun 29, 2021 | Common Stock | 200,000 | 800,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $41.54 to $41.655. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Option vests 25% annually on anniversary of grant date.