ORACLE CORP — Director's Dealing 2011

Jul 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORACLE CORP (ORCL)
CIK: 0001341439
Period of Report: 2011-07-19

Reporting Person: SELIGMAN NAOMI O (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-19	Common Stock	M	60000	$12.62	Acquired	66248	Direct
2011-07-19	Common Stock	S	60000	$32.4373	Disposed	6248	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-19	Stock Option	$12.62	M	60000	Disposed	2015-11-09	Common Stock (60000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7397	Indirect

Footnotes

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

F2: This transaction was executed in multiple trades at prices ranging from $31.91 to $32.66. 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.