NIKE, Inc. — Director's Dealing 2011

Jul 19, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIKE INC (NKE)
CIK: 0000320187
Period of Report: 2011-07-15

Reporting Person: PARKER MARK G (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-15	Class B Common Stock	A	38168	—	Acquired	298340	Direct
2011-07-16	Class B Common Stock	F	7690	$91.7	Disposed	290650	Direct
2011-07-17	Class B Common Stock	F	10111	$91.7	Disposed	280539	Direct
2011-07-18	Class B Common Stock	F	5856	$91.7	Disposed	274683	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-15	Employee Stock Option (right to buy)	$91.7	A	165000	Acquired	2021-07-15	Class B Common Stock (165000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	6792	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: 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.

F3: Includes 274,683 restricted shares granted under the NIKE, Inc. 1990 Stock Incentive Plan.

F4: Shares held in account under the NIKE, Inc. 401(k) and Profit Sharing Plan.

F5: Option Granted on 07/15/2011 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.