SEC Form 4 · accession 0001127602-18-015910
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 30, 2018
Accepted (ET)
May 2, 2018 · 2:26 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 30, 2018 | M | 57,155 | $40.36 | A | 80,138 | D | |
| Common StockF1 | Apr 30, 2018 | S | 57,155 | $46.0005 | 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 30, 2018 | M | 57,155 | D | — | Jul 2, 2025 | Common Stock | 57,155 | 1,279,402 | D |
| Performance Stock UnitF3 | $0.00 | May 1, 2018 | A | 3,473 | A | — | — | Common Stock | 3,473 | 843,458 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $46.00 to $46.0050. 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.
- F2Options vest 25% annually on anniversary of grant date.
- F3Represents dividend equivalents accrued with respect to earned performance stock units the reporting person has elected to defer. The number of dividend equivalents reported was calculated using Oracle's closing stock price on May 1, 2018 ($45.95), the date on which dividends were paid on Oracle's common stock.