SEC Form 4 · accession 0001127602-17-012256
ORACLE CORP · ORCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Berg
Director
Period of report
Mar 17, 2017
Accepted (ET)
Mar 17, 2017 · 7:37 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 | Mar 17, 2017 | M | 75,000 | $19.38 | A | 193,299 | I | Indirect Ownership |
| Common StockF2,F1 | Mar 17, 2017 | S | 31,750 | $45.8044 | D | 161,549 | 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 OptionF4,F3 | $19.38 | Mar 17, 2017 | M | 75,000 | D | — | May 31, 2017 | Common Stock | 75,000 | 0 | D |
Explanation of responses
- F15,000 shares are held indirectly by spouse; 86,283 shares are held in a GRAT and 70,266 are held in a Trust.
- F2This transaction was executed in multiple trades at prices ranging from $45.79 to $45.8150. 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.
- F4The 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