SEC Form 4 · accession 0001127602-16-049184
ORACLE CORP · ORCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Berg
Director
Period of report
Apr 11, 2016
Accepted (ET)
Apr 13, 2016 · 3:47 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 StockF1 | Apr 11, 2016 | M | 30,000 | $14.02 | A | 127,293 | I | Indirect Ownership |
| Common StockF1 | Apr 11, 2016 | S | 10,400 | $40.80 | D | 116,893 | I | Indirect Ownership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3,F2 | $14.02 | Apr 11, 2016 | M | 30,000 | D | — | May 31, 2016 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F15,000 shares are held indirectly by spouse; 43,683 shares are held in a GRAT and 48,610 are held in a Trust.
- F2Options vest 25% annually on anniversary of grant date.
- F3The economic benefit and dispositive control of this option was transferred to the Berg Family Trust dated January 27, 1987, as amended and restated on December 13, 2011