SEC Form 4 · accession 0001127602-18-022897
ORACLE CORP · ORCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dorian Daley
Officer — EVP, Gen'l Counsel, Secretary
Period of report
Jul 2, 2018
Accepted (ET)
Jul 5, 2018 · 9:08 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 | Jul 2, 2018 | M | 20,313 | $0.00 | A | 57,267 | D | |
| Common StockF1 | Jul 2, 2018 | F | 10,072 | $44.06 | D | 47,195 | D | |
| Common Stock | Jul 2, 2018 | M | 20,312 | $0.00 | A | 67,507 | D | |
| Common StockF1 | Jul 2, 2018 | F | 10,071 | $44.06 | D | 57,436 | D | |
| Common Stock | Jul 5, 2018 | M | 50,000 | $30.11 | A | 107,436 | D | |
| Common StockF2,F3 | Jul 5, 2018 | S | 50,000 | $45.1251 | D | 57,436 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F5 | — | Jul 2, 2018 | M | 20,313 | D | — | — | Common Stock | 20,313 | 40,625 | D |
| Restricted Stock UnitF4,F5 | — | Jul 2, 2018 | M | 20,312 | D | — | — | Common Stock | 20,312 | 20,313 | D |
| Stock OptionF6 | $30.11 | Jul 5, 2018 | M | 50,000 | D | — | Jul 1, 2023 | Common Stock | 50,000 | 75,000 | D |
Explanation of responses
- F1Shares withheld for payment of tax liability upon vesting of restricted stock units.
- F2Sale of shares pursuant to Rule 10b5-1 Plan adopted on May 11, 2018.
- F3This transaction was executed in multiple trades at prices ranging from $45.00 to $45.145. 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.
- F4Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F5Restricted stock units vest in four equal annual installments, beginning one year from date of grant.
- F6Option vests 25% annually on anniversary of grant date.