NIKE, Inc. — Director's Dealing 2011

Jul 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIKE INC (NKE)
CIK: 0000320187
Period of Report: 2011-07-07

Reporting Person: CONWAY JILL K (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-07	Class B Common Stock	M	8000	$41.485	Acquired	8000	Direct
2011-07-07	Class B Common Stock	S	8000	$93.52	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-07	Non-Qualified Stock Option (right to buy)	$41.485	M	8000	Disposed	2016-09-18	Class B Common Stock (8000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	19784	Indirect
Class B Common Stock	9678	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: Jill K. Conway and Mark A. Leahy Trustees of Jill K. Conway Trust.

F3: Shares held in account under the NIKE, Inc . Deferred Compensation Plan.

F4: Option granted on 9/18/2006 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.