SEC Form 4 · accession 0001127602-17-022218
ORACLE CORP · ORCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Corey West
Officer — Controller, EVP, CAO
Period of report
Jun 26, 2017
Accepted (ET)
Jun 27, 2017 · 2:34 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 | Jun 26, 2017 | M | 150,000 | $21.55 | A | 177,988 | D | |
| Common StockF1,F2 | Jun 26, 2017 | S | 150,000 | $51.3874 | D | 27,988 | 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 | $21.55 | Jun 26, 2017 | M | 150,000 | D | — | Jul 1, 2020 | Common Stock | 150,000 | 0 | D |
Explanation of responses
- F1Sale of shares pursuant to Rule 10b5-1 Plan adopted April 4, 2017.
- F2This transaction was executed in multiple trades at prices ranging from $50.97 to $51.69. The price reported above reflects the weighted average sales 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.
- F3Option vests 25% annually on anniversary of grant date.