SEC Form 4 · accession 0000320187-18-000166
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
Aug 1, 2018
Accepted (ET)
Aug 2, 2018 · 6:04 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,F2 | Aug 1, 2018 | A | 16,121 | $0.00 | A | 151,104 | 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)F3 | $77.54 | Aug 1, 2018 | A | 90,000 | A | — | Aug 1, 2028 | Class B Common Stock | 90,000 | 90,000 | D |
Explanation of responses
- F1Restricted Stock Unit ("RSU") granted under the NIKE, Inc. Stock Incentive Plan. One-third of the total number of RSUs granted shall vest on each of the first three anniversaries of the date of the grant; and upon any termination of employment, any units that have not vested shall be forfeited to the Corporation.
- F2Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.
- F3Stock Option granted on 08/01/2018 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.