ORACLE CORP — Director's Dealing 2010

Sep 24, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORACLE CORP (ORCL)
CIK: 0001341439
Period of Report: 2010-09-22

Reporting Person: Kurian Thomas (EVP-Product Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-22	Common Stock	M	927500	$12.44	Acquired	957115	Direct
2010-09-22	Common Stock	M	25000	$12.34	Acquired	982115	Direct
2010-09-22	Common Stock	M	235000	$9.90	Acquired	1217115	Direct
2010-09-22	Common Stock	M	62500	$8.68	Acquired	1279615	Direct
2010-09-22	Common Stock	S	1250000	$26.9446	Disposed	29615	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-22	Stock Option	$12.44	M	927500	Disposed	2016-02-17	Common Stock (927500)	Direct
2010-09-22	Stock Option	$12.34	M	25000	Disposed	2015-06-20	Common Stock (25000)	Direct
2010-09-22	Stock Option	$9.90	M	235000	Disposed	2014-08-13	Common Stock (235000)	Direct
2010-09-22	Stock Option	$8.68	M	62500	Disposed	2012-07-03	Common Stock (62500)	Direct

Footnotes

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

F2: This transaction was executed in multiple trades at prices ranging from $26.9352 to $27.0077. The price reported above reflects the weighted average purchase 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.