SEC Form 4 · accession 0000320187-18-000045
NIKE, Inc. · NKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Sprunk
Officer — CHIEF OPERATING OFFICER
Period of report
May 22, 2018
Accepted (ET)
May 23, 2018 · 4:45 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 | May 22, 2018 | M | 45,000 | $23.27 | A | 186,959 | D | |
| Class B Common StockF1,F2 | May 22, 2018 | S | 45,000 | $72.00 | D | 141,959 | D |
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 | $23.27 | May 22, 2018 | M | 45,000 | D | — | Jul 20, 2022 | Class B Common Stock | 45,000 | 45,000 | 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.
- F2Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.
- F3Stock Option granted on 07/20/2012 and became exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.