NIKE, Inc. — Director's Dealing 2012

Jul 24, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIKE INC (NKE)
CIK: 0000320187
Period of Report: 2012-07-20

Reporting Person: DENSON CHARLES D (President-NIKE Brand)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-20	Class B Common Stock	A	53718.0	$0.0	Acquired	111865.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-20	Non-Qualified Stock Option (right to buy)	$93.08	A	120000.0	Acquired	2022-07-20	Class B Common Stock (120000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	25000.0	Indirect
Class B Common Stock	9656.0	Indirect
Class B Common Stock	16930.0	Indirect
Class B Common Stock	2388.0	Indirect
Class B Common Stock	10638.0	Indirect

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: The reporting person transferred these shares to Denson Investments LLC, an Oregon limited liability company, of which the reporting person is the manager and of which the reporting person, his wife, the Lindsey Kirsten Denson GST Trust, the Justin Ryan Denson GST Trust, and the Jackson Michael Denson GST Trust are the only members. The reporting person's wife is the Trustee of the Lindsey Kirsten Denson GST Trust, the Justin Ryan Denson GST Trust, and the Jackson Michael Denson GST Trust. The reporting person disclaims beneficial ownership of NIKE, Inc. common stock held by the LLC except to the extent of his pecuniary interest therein.

F3: 9,656 shares are held for the benefit of the reporting person's minor children by Lindsey Kirsten Denson GST Trust, Justin Ryan Denson GST Trust, and Jackson Michael Denson GST Trust. The reporting person disclaims beneficial ownership of NIKE, Inc. common stock held by Lindsey Kirsten Denson GST Trust, Justin Ryan Denson GST Trust, and Jackson Michael Denson GST Trust, except to the extent of his pecuniary interest therein.

F4: Charles D. Denson, Trustee of the Charles D. Denson 2011 Annuity Trust.

F5: Shares held in account under NIKE, Inc. Employee Stock Purchase Plan.

F6: Shares held in account under the NIKE, Inc. 401(k) and Profit Sharing Plan.

F7: Stock Option granted under the NIKE, Inc. 1990 Stock Incentive Plan on 07/20/2012 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.