SEC Form 4 · accession 0001127602-18-002177
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
Jan 18, 2018
Accepted (ET)
Jan 19, 2018 · 4:33 pm EST
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 | Jan 18, 2018 | M | 1,500,000 | $40.47 | A | 1,522,983 | D | |
| Common Stock | Jan 18, 2018 | M | 200,000 | $40.36 | A | 1,722,983 | D | |
| Common StockF1 | Jan 18, 2018 | S | 1,700,000 | $50.2893 | D | 22,983 | 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 | $40.47 | Jan 18, 2018 | M | 1,500,000 | D | — | Jul 24, 2024 | Common Stock | 1,500,000 | 500,000 | D |
| Stock OptionF2 | $40.36 | Jan 18, 2018 | M | 200,000 | D | — | Jul 2, 2025 | Common Stock | 200,000 | 1,800,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $50.13 to $50.55. 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.
- F2Option vests 25% annually on anniversary of grant date.