NIKE, Inc. — Director's Dealing 2010

Aug 2, 2010

SEC Form 4/A — Form 4/A

Issuer: NIKE INC (NKE)
CIK: 0000320187
Period of Report: 2010-07-22

Reporting Person: DENUNZIO RALPH D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-22	Class B Common Stock	X	400	$18.9375	Acquired	152200	Direct
2010-07-22	Class B Common Stock	S	400	$72.03	Disposed	151800	Direct
2010-07-22	Class B Common Stock	X	1600	$18.9375	Acquired	153400	Direct
2010-07-22	Class B Common Stock	S	1600	$72.0505	Disposed	151800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-22	Non-Qualified Stock Option (right to buy)	$18.9375	X	2000	Disposed	2010-09-19	Class B Common Stock (2000)	Direct

Footnotes

F1: Pursuant to Company policy, market sales of 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.

F2: Transaction code updated to reflect exercise and sale

F3: Option granted on 9/19/2001 and became exercisable with respect to 100% of the shares on the first anniversary of the date of the grant.