NIKE, Inc. — Director's Dealing 2010

Apr 26, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIKE INC (NKE)
CIK: 0000320187
Period of Report: 2010-04-22

Reporting Person: BLAIR DONALD W (VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-22	Class B Common Stock	X	15000	$21.18	Acquired	79182	Direct
2010-04-22	Class B Common Stock	S	15000	$78	Disposed	64182	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-22	Non-Qualified Stock Option (right to buy)	$21.18	X	15000	Disposed	2011-07-12	Class B Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	4944	Indirect
Class B Common Stock	2161	Indirect

Footnotes

F1: Transaction pursuant to a Rule 10b5-1 Plan.

F2: Shares held in account under NIKE, Inc. Employee Stock Purchase Plan.

F3: Shares held in account under the NIKE, Inc. 401(K) and Profit Sharing Plan.

F4: Option granted on 7/12/2001 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.