ORACLE CORP — Director's Dealing 2010

Oct 7, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORACLE CORP (ORCL)
CIK: 0001341439
Period of Report: 2010-10-06

Reporting Person: BLOCK KEITH (Executive Vice President-Ops)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-06	Common Stock	M	126000	$16.27	Acquired	136532	Direct
2010-10-06	Common Stock	M	375000	$14.57	Acquired	511532	Direct
2010-10-06	Common Stock	M	10	$15.86	Acquired	511542	Direct
2010-10-06	Common Stock	S	501010	$27.6083	Disposed	10532	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-06	Stock Option	$16.27	M	126000	Disposed	2012-01-14	Common Stock (126000)	Direct
2010-10-06	Stock Option	$14.57	M	375000	Disposed	2016-07-06	Common Stock (375000)	Direct
2010-10-06	Stock Option	$15.86	M	10	Disposed	2011-06-04	Common Stock (10)	Direct

Footnotes

F1: Options vest 25% annually on anniversary of grant date.

F2: This transaction was executed in multiple trades at prices ranging from $27.6079 to $27.6501. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.