ORACLE CORP — Director's Dealing 2011

Jan 5, 2011

SEC Form 4/A — Form 4/A

Issuer: ORACLE CORP (ORCL)
CIK: 0001341439
Period of Report: 2010-12-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-21	Common Stock	M	16250	$12.34	Acquired	21250	Direct
2010-12-21	Common Stock	M	25000	$20.73	Acquired	46250	Direct
2010-12-21	Common Stock	S	41250	$31.856	Disposed	5000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-21	Stock Option	$12.34	M	16250	Disposed	2015-06-20	Common Stock (16250)	Direct
2010-12-21	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: On December 22, 2010, a Form 4 was filed reporting the exercise of 41,250 stock options on December 21, 2010. The report mistakenly included incorrect grant details for the stock options. This amended report correctly details the 41,250 stock options that were exercised.

F3: Sale of shares pursuant to Rule 10b5-1 Plan adopted on April 29, 2010

F4: This transaction was executed in multiple trades at prices ranging from $31.60 to $31.98. 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.