ORACLE CORP — Director's Dealing 2010

Dec 15, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORACLE CORP (ORCL)
CIK: 0001341439
Period of Report: 2010-12-13

Reporting Person: West W Corey (Controller, SVP, CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-13	Common Stock	M	20000	$18.67	Acquired	25000	Direct
2010-12-13	Common Stock	S	20000	$30.67	Disposed	5000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-13	Stock Option	$18.67	M	20000	Disposed	2017-04-05	Common Stock (20000)	Direct

Footnotes

F1: Option vests 25% annually on anniversary of grant date.

F2: Sale of shares pursuant to Rule 10b5-1 Plan adopted 10/29/2009.