SEC Form 4 · accession 0001127602-16-047748
ORACLE CORP · ORCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Safra Catz
Officer — Chief Executive Officer · Director
Period of report
Mar 28, 2016
Accepted (ET)
Mar 29, 2016 · 6:53 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 28, 2016 | M | 4,000,000 | $20.49 | A | 4,312,424 | D | |
| Common StockF1,F2 | Mar 28, 2016 | S | 4,000,000 | $40.6646 | D | 312,424 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $20.49 | Mar 28, 2016 | M | 4,000,000 | D | — | Jul 5, 2017 | Common Stock | 4,000,000 | 0 | D |
Explanation of responses
- F1Sale of shares pursuant to Rule 10b5-1 Plan adopted on January 12, 2015.
- F2This transaction was executed in multiple trades at prices ranging from $40.56 to $40.99. 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.
- F3Options vest 25% annually on anniversary of grant date.