NIKE, Inc. — Director's Dealing 2012

Apr 4, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIKE INC (NKE)
CIK: 0000320187
Period of Report: 2012-04-02

Reporting Person: KNIGHT PHILIP H (Director, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-02	Class A Common Convertible	$	J	2160190.0	Acquired		Class B Common Stock (2160190.0)	Direct
2012-04-02	Class A Common Convertible	$	G	2000000.0	Disposed		Class B Common Stock (2000000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	7740.0	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class A Common Convertible	$		Class B Common Stock (130448.0)	130448.0	Indirect

Footnotes

F1: Class A Common Stock is convertible at any time on a one-for-one basis into Class B Common Stock with no expiration date.

F2: On April 2, 2012, the Trustee of the Philip H. Knight 2009 Annuity Trust N1 distributed 2,160,190 shares of Class A Common Stock to the reporting person upon the reporting person's contribution to the Trust of property in substitution for such shares. The trust is a grantor retained annuity trust.

F3: On April 2, 2012, the reporting person contributed 2,000,000 shares of Class A Common Stock to Patrick Kilkenny TR UA 04/02/2012, The Philip H. Knight 2012 Annuity Trust N12-II. The trust is a grantor retained annuity trust.

F4: Shares held by a corporation owned by wife. The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.