ORACLE CORP — Director's Dealing 2011

Sep 26, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORACLE CORP (ORCL)
CIK: 0001341439
Period of Report: 2011-09-23

Reporting Person: CATZ SAFRA (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-23	Common Stock	M	350000	$12.60	Acquired	361336	Direct
2011-09-23	Common Stock	S	350000	$28.6221	Disposed	11336	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-23	Stock Option	$12.60	M	350000	Disposed	2013-07-11	Common Stock (350000)	Direct

Footnotes

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

F2: Sale of shares pursuant to Rule 10b5-1 Plan adopted on April 28, 2011.

F3: This transaction was executed in multiple trades at prices ranging from $28.05 to $29.07. 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.