SEC Form 4 · accession 0000320187-17-000015
NIKE, Inc. · NKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Ayre
Officer — EVP Global HR
Period of report
Jan 30, 2017
Accepted (ET)
Jan 31, 2017 · 6:34 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 | Jan 30, 2017 | M | 200,000 | $22.925 | A | 357,713 | D | |
| Class B Common StockF1,F2 | Jan 30, 2017 | S | 200,000 | $53.08 | D | 157,713 | D | |
| Class B Common StockF3 | holding | — | — | — | 12,131 | I | by ESPP | |
| Class B Common StockF4 | holding | — | — | — | 2,224 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F5 | $22.925 | Jan 30, 2017 | M | 200,000 | D | — | Jul 15, 2021 | Class B Common Stock | 0 | 0 | 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.98 to $53.21, 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 price within the ranges set forth in footnote (2) of this Form 4.
- 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.
- F5Stock Option granted on 07/15/2011 and became exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.