NIKE, Inc. — Director's Dealing 2011

Feb 17, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NIKE INC (NKE)
CIK: 0000320187
Period of Report: 2011-02-08

Reporting Person: Wyett Roger (President of NIKE Affiliates)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	12713	Direct
Class B Common Stock	4829	Direct
Class B Common Stock	66793	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (Right to Buy)	$58.52	2017-07-20	Class B Common Stock (8250)		Direct
Non-Qualified Stock Option (Right to Buy)	$58.2	2018-07-18	Class B Common Stock (16500)		Direct
Non-Qualified Stock Option (Right to Buy)	$52.44	2019-07-17	Class B Common Stock (24750)		Direct
Non-Qualified Stock Option (Right to Buy)	$68.96	2020-07-16	Class B Common Stock (30000)		Direct

Footnotes

F1: Restricted shares granted under the NIKE, Inc. 1990 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 unissured shares.

F2: Shares held in account under the NIKE, Inc. 401(k) and Profit Sharing Plan.

F3: Option granted on 7/20/2007 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.

F4: Option granted on 07/18/2008 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.

F5: Option granted on 07/17/2009 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.

F6: Option granted on 07/16/2010 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.