SEC Form 4 · accession 0000320187-16-000342
NIKE, Inc. · NKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hilary K Krane
Officer — EVP: GEN COUNSEL & CORP AFFAIR
Period of report
Jul 25, 2016
Accepted (ET)
Jul 26, 2016 · 5:11 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 25, 2016 | M | 100,000 | $23.27 | A | 310,795 | D | |
| Class B Common StockF1 | Jul 25, 2016 | S | 100,000 | $56.99 | D | 210,795 | D | |
| Class B Common Stock | holding | — | — | — | 6,180 | I | by ESPP | |
| Class B Common Stock | holding | — | — | — | 113 | 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,F2 | $23.27 | Jul 25, 2016 | M | 100,000 | D | — | Jul 20, 2022 | Class B Common Stock | 100,000 | 65,000 | D |
Explanation of responses
- F1Pursuant to Company policy, market transactions in Company stock by officers and directors are permitted only after the second full trading day after the 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.
- F2Stock Option granted on 07/20/2012 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.