NIKE, Inc. — Director's Dealing 2012

Mar 28, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIKE INC (NKE)
CIK: 0000320187
Period of Report: 2012-03-27

Reporting Person: THOMPSON JOHN R JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-27	Class B Common Stock	M	8000.0	$41.485	Acquired	16000.0	Direct
2012-03-27	Class B Common Stock	S	8000.0	$108.0594	Disposed	8000.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-27	Non-Qualified Stock Option (right to buy)	$41.485	M	8000.0	Disposed	2016-09-18	Class B Common Stock (8000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	7684.0	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: The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $108.03 to $108.08, inclusive. The reporting person undertakes to provide NIKE, Inc., any security holder of NIKE, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote (2) to this Form 4.

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.