NIKE, Inc. — Director's Dealing 2011

Jul 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIKE INC (NKE)
CIK: 0000320187
Period of Report: 2011-06-30

Reporting Person: DENUNZIO RALPH D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-30	Class B Common Stock	M	2000	$21.13	Acquired	153800	Direct
2011-06-30	Class B Common Stock	S	2000	$90	Disposed	151800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-30	Non-Qualified Stock Option (right to buy)	$21.13	M	2000	Disposed	2011-09-21	Class B Common Stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	8952	Indirect

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: Shares held in account under the NIKE, Inc . Deferred Compensation Plan.

F3: Option granted on 9/21/2001 and becomes exercisable with respect to 100% of the shares on the date of the first annual meeting of shareholders of the Company held after the Grant Date.