NIKE, Inc. — Director's Dealing 2016

May 2, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIKE INC (NKE)
CIK: 0000320187
Period of Report: 2016-04-28

Reporting Person: Krane Hilary K (EVP, CAO and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-04-28	Class B Common Stock	M	55000.0	$23.27	Acquired	263038	Direct
2016-04-28	Class B Common Stock	S	55000.0	$59.1256	Disposed	208038	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-04-28	Non-Qualified Stock Option (right to buy)	$23.27	M	55000.0	Disposed	2022-07-20	Class B Common Stock (0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	6179	Indirect
Class B Common Stock	113	Indirect

Footnotes

F1: Pursuant to Company policy, market transactions in 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 $58.91 to $59.21, 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: Stock Option granted 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.