SEC Form 4 · accession 0000320187-16-000332
NIKE, Inc. · NKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Slusher
Officer — EVP: GBL SPORTS MKTG
Period of report
Jul 15, 2016
Accepted (ET)
Jul 19, 2016 · 7:41 pm EDT
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 | Jul 15, 2016 | A | 9,505 | $0.00 | A | 172,609 | D | |
| Class B Common Stock | Jul 17, 2016 | F | 1,657 | $57.87 | D | 170,952 | D | |
| Class B Common Stock | Jul 18, 2016 | F | 2,410 | $57.74 | D | 168,542 | D | |
| Class B Common Stock | Jul 19, 2016 | F | 2,681 | $57.76 | D | 165,861 | D | |
| Class B Common StockF3 | holding | — | — | — | 9,928 | I | by ESPP | |
| Class B Common StockF4 | holding | — | — | — | 2,688 | I | by Retirement Plan | |
| Class B Common StockF5 | holding | — | — | — | 6,400 | I | by Trust |
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)F6 | $57.87 | Jul 15, 2016 | A | 65,000 | A | — | Jul 15, 2026 | Class B Common Stock | 65,000 | 65,000 | D |
Explanation of responses
- F1Restricted shares granted under the NIKE, Inc. Stock Incentive Plan. The restrictions lapse with respect to one-third of the shares on each of the first three anniversaries of the grant date; and upon any termination of employment, any shares as to which the restrictions have not expired shall be forfeited to NIKE for cancellation and become authorized but un-issued shares.
- F2Shares withheld by the Company to satisfy tax withholding obligations upon vesting of restricted shares; not an open market transaction.
- F3Shares held in account under NIKE, Inc. Employee Stock Purchase Plan.
- F4Shares held in account under the NIKE, Inc. 401(k) and Profit Sharing Plan.
- F5John F. Slusher, Trustee of Jennifer Nadia Slusher Trust
- F6Stock Option granted on 07/15/2016 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.