SEC Form 4 · accession 0001127602-18-014582
ORACLE CORP · ORCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Berg
Director
Period of report
Apr 12, 2018
Accepted (ET)
Apr 13, 2018 · 5:45 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 12, 2018 | M | 75,000 | $22.84 | A | 247,800 | I | Indirect Ownership |
| Common StockF2,F1 | Apr 12, 2018 | S | 75,000 | $45.9413 | D | 172,800 | 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 | $22.84 | Apr 12, 2018 | M | 75,000 | D | — | May 31, 2018 | 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 81,517 are held in a Trust.
- F2This transaction was executed in multiple trades at prices ranging from $45.66 to $46.17. 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.
- F3Options vest 25% annually on anniversary of grant date.
- F4The economic benefit and dispositive control of 56,250 shares of this option was transferred to the Berg 2012 Grantor Retained Annuity Trust on January 31, 2012.