NIKE, Inc. — Director's Dealing 2013

Jan 17, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIKE INC (nke)
CIK: 0000320187
Period of Report: 2013-01-15

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-01-15	Class A Common Convertible	$	G	8001817	Acquired		Class B Common Stock (8001817)	Direct
2013-01-15	Class A Common Convertible	$	G	8001817	Disposed		Class B Common Stock (8001817)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	15480	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class A Common Convertible	$		Class B Common Stock (260896)	260896	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 January 15, 2013, a disbursement of Class A Common Stock was made by the Trustee of the Philip H. Knight 2009 Annuity Trust N2, N3, the Philip H. Knight 2010 Annuity Trust N and the Philip H. Knight 2012 Annuity Trust N12 to the reporting person as follows: (i) 1,781,557 shares of Class A Common Stock from the Trustee of the Philip H. Knight 2009 Annuity Trust N2 to Philip H. Knight; and (ii) 1,362,676 shares of Class A Common Stock from the Trustee of the Philip H. Knight 2009 Annuity Trust N3 to Philip H. Knight; and (iii) 753,561 shares of Class A Common Stock from the Trustee of the Philip H. Knight 2010 Annuity Trust N to Philip H. Knight; and (iv) 4,104,023 shares of Class A Common Stock from the Trustee of the Philip H. Knight 2012 Annuity Trust N12 to Philip H. Knight. Each trust is a grantor retained annuity trust ("GRAT") and the disbursement is an annuity payment pursuant to the terms of each GRAT.

F3: On January 15, 2013, the reporting person contributed 8,001,817 shares of Class A Common Stock to Patrick Kilkenny TR UA 01/15/2013, Philip H. Knight 2013 Annuity Trust N13. The trust is a grantor retained annuity trust.

F4: Shares held directly by spouse, Penelope P. Knight. 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.