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NIKE, Inc. — Director's Dealing 2020
Oct 6, 2020
29865_dirs_2020-10-06_50f4a374-7d59-42d8-a058-f5e111242b1c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NIKE, Inc. (NKE)
CIK: 0000320187
Period of Report: 2020-10-02
Reporting Person: KNIGHT PHILIP H (Chairman Emeritus)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-25 | Class B Common Stock | G | 7250000 | — | Disposed | 4135687 | Direct |
| 2020-10-02 | Class B Common Stock | S | 800000 | $125.31 | Disposed | 3335687 | Direct |
Footnotes
F1: Pursuant to Company policy, market transactions in Company stock by covered individuals are permitted only after the first 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: On September 25, 2020, the reporting person gifted 7,250,000 shares of the Issuer's Class B common stock to a charitable organization of which the reporting person and his spouse are directors. The reporting person disclaims beneficial ownership of all gifted shares.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.25 to $126.04, inclusive. The reporting person undertakes to provide NIKE, Inc., any security holder of NIKE, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote (3) to this Form 4.