SEC Form 4 · accession 0001127602-18-015222
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
Apr 23, 2018
Accepted (ET)
Apr 25, 2018 · 12:03 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 | Apr 23, 2018 | M | 137,843 | $40.36 | A | 160,826 | D | |
| Common StockF1 | Apr 23, 2018 | S | 137,843 | $46.1322 | 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 | $40.36 | Apr 23, 2018 | M | 137,843 | D | — | Jul 2, 2025 | Common Stock | 137,843 | 1,662,157 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $46.00 to $46.265. 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.
- F2Options vest 25% annually on anniversary of grant date.