ORACLE CORP — Director's Dealing 2011

Mar 30, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORACLE CORP (ORCL)
CIK: 0001341439
Period of Report: 2011-03-29

Reporting Person: Daley Dorian (SVP, Gen'l Counsel, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-29	Common Stock	M	20000	$14.57	Acquired	25000	Direct
2011-03-29	Common Stock	M	25000	$20.73	Acquired	50000	Direct
2011-03-29	Common Stock	S	45000	$32.8485	Disposed	5000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-29	Stock Option	$14.57	M	20000	Disposed	2016-07-06	Common Stock (20000)	Direct
2011-03-29	Stock Option	$20.73	M	25000	Disposed	2018-07-03	Common Stock (25000)	Direct

Footnotes

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

F2: This transaction was executed in multiple trades at prices ranging from $32.38 to $33.06. The price reported above reflects the weighted average sales 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.