SEC Form 4 · accession 0000320187-17-000115
NIKE, Inc. · NKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Campion
Officer — EVP: CFO
Period of report
Jul 20, 2017
Accepted (ET)
Jul 24, 2017 · 7:22 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 20, 2017 | A | 16,921 | $0.00 | A | 34,976 | D | |
| Class B Common StockF2 | Jul 20, 2017 | A | 101,523 | $0.00 | A | 136,499 | D | |
| Class B Common StockF3 | Jul 21, 2017 | S | 2,119 | $59.00 | D | 134,380 | D | |
| Class B Common StockF3 | Jul 24, 2017 | S | 3,603 | $59.63 | D | 130,777 | D | |
| Class B Common StockF4 | holding | — | — | — | 1,680 | I | by ESPP |
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)F5 | $59.10 | Jul 20, 2017 | A | 75,000 | A | — | Jul 20, 2027 | Class B Common Stock | 75,000 | 75,000 | 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.
- F2Restricted Stock Unit ("RSU") granted under the NIKE, Inc. Stock Incentive Plan. All of the RSUs shall vest 100% with respect to the total number of RSUs on the third anniversary of the Grant Date; and upon any termination of employment, any units that have not vested shall be forfeited to the Corporation.
- F3Exercise 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.
- F4Shares held in account under NIKE, Inc. Employee Stock Purchase Plan.
- F5Stock Option granted on 07/20/2017 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.