SEC Form 4 · accession 0000320187-15-000235
NIKE, Inc. · NKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeanne P Jackson
Officer — PRES: PRODUCT & MERCHANDISING
Period of report
Dec 28, 2015
Accepted (ET)
Dec 30, 2015 · 12:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000320187
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1 | Dec 28, 2015 | M | 25,000 | $17.24 | A | 192,196 | D | |
| Class B Common StockF1,F2 | Dec 28, 2015 | S | 25,000 | $63.5763 | D | 167,196 | D | |
| Class B Common Stock | holding | — | — | — | 7,173 | I | by ESPP | |
| Class B Common Stock | holding | — | — | — | 1,681 | I | by Retirement Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1,F3 | $17.24 | Dec 28, 2015 | M | 25,000 | D | — | Jul 16, 2020 | Class B Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1Exercise and sale was pursuant to an approved 10b5-1 trading plan. Pursuant to Company policy, market transactions in Company stock by officers and directors are permitted only after the second full trading day after the public release of quarterly earnings and ending on the last day of the second month of the following fiscal quarter, except pursuant to approved 10b5-1 trading plans.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.83 to $63.83, inclusive. The reporting person undertakes to provide NIKE, Inc., any security holder of NIKE, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- F3Stock Option granted on 07/16/2010 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.