ORACLE CORP — Director's Dealing 2011

Jan 24, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORACLE CORP (ORCL)
CIK: 0001341439
Period of Report: 2011-01-20

Reporting Person: Meisler Luiz (EVP - Latin America Div.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-20	Common Stock	M	187500	$12.34	Acquired	194753	Direct
2011-01-20	Common Stock	S	187500	$32.03	Disposed	7253	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-20	Stock Option	$12.34	M	187500	Disposed	2015-06-20	Common Stock (187500)	Direct

Footnotes

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