ORACLE CORP — Director's Dealing 2011

May 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORACLE CORP (ORCL)
CIK: 0001341439
Period of Report: 2011-05-02

Reporting Person: West W Corey (Controller, SVP, CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-02	Common Stock	M	25000	$21.04	Acquired	30000	Direct
2011-05-02	Common Stock	S	25000	$36.04	Disposed	5000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-02	Stock Option	$21.04	M	25000	Disposed	2019-07-02	Common Stock (25000)	Direct

Footnotes

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

F2: Sale of shares pursuant to Rule 10b5-1 Plan adopted 01/11/2011.