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ORACLE CORP Director's Dealing 2016

Jul 29, 2016

29742_dirs_2016-07-28_428fcbbf-24a3-45b3-b566-240031acc20a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORACLE CORP (ORCL)
CIK: 0001341439
Period of Report: 2016-07-26

Reporting Person: Kurian Thomas (President-Product Development)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-07-26 Performance Stock Unit $0 A 137500 Acquired Common Stock (137500) Direct
2016-07-26 Performance Stock Unit $0 A 137500 Acquired Common Stock (137500) Direct

Footnotes

F1: Represents amount of performance stock units earned from an award granted on July 24, 2014 based on the achievement of a performance target for the fiscal year ended May 31, 2016, as determined by the Compensation Committee on July 26, 2016. The earned amount vested immediately. The number of earned performance stock units represents 110% of the target number of performance stock units eligible to be earned for the first performance period. The performance goal measured year-over-year growth in Oracle's total revenues for its Cloud Software-as-a-Service and Platform-as-a-Service offerings on a U.S. GAAP basis. The reporting person has elected to defer settlement of this award.

F2: Represents amount of performance stock units earned from an award granted on July 2, 2015 based on the achievement of a performance target for the fiscal year ended May 31, 2016, as determined by the Compensation Committee on July 26, 2016. The earned amount vested immediately. The number of earned performance stock units represents 110% of the target number of performance stock units eligible to be earned for the first performance period. The performance goal measured year-over-year growth in Oracle's total revenues for its Cloud Software-as-a-Service and Platform-as-a-Service offerings on a U.S. GAAP basis. The reporting person has elected to defer settlement of this award.