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ORACLE CORP — Director's Dealing 2017
Aug 4, 2017
29742_dirs_2017-08-03_57745c3a-0310-4d52-b3a6-b5f69a4dbc56.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: 2017-08-01
Reporting Person: Fowler John F (EVP, Systems)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-01 | Common Stock | M | 23437 | — | Acquired | 43081.673 | Direct |
| 2017-08-01 | Common Stock | M | 23437 | — | Acquired | 66518.673 | Direct |
| 2017-08-01 | Common Stock | F | 24459 | $50.16 | Disposed | 42059.673 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-01 | Performance Stock Unit | $0 | A | 31250 | Acquired | Common Stock (31250) | Direct | |
| 2017-08-01 | Performance Stock Unit | $0 | A | 23437 | Acquired | Common Stock (23437) | Direct | |
| 2017-08-01 | Performance Stock Unit | $0 | M | 23437 | Disposed | Common Stock (23437) | Direct | |
| 2017-08-01 | Performance Stock Unit | $0 | A | 23437 | Acquired | Common Stock (23437) | Direct | |
| 2017-08-01 | Performance Stock Unit | $0 | M | 23437 | Disposed | Common Stock (23437) | Direct | |
| 2017-08-02 | Performance Stock Unit | $0 | A | 243.336 | Acquired | Common Stock (243.336) | Direct |
Footnotes
F1: Shares withheld for payment of tax liability upon vesting of performance stock units.
F2: 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, 2017, as determined by the Compensation Committee on August 1, 2017. The earned amount vested immediately. The number of earned performance stock units represents 50% of the target number of performance stock units eligible to be earned for the third performance period. The performance goal measured year-over-year growth in Oracle's total revenues for its Engineered Systems and Storage products on a U.S. GAAP basis. The reporting person has elected to defer settlement of this award.
F3: 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, 2017, as determined by the Compensation Committee on August 1, 2017. The earned amount vested immediately. The number of earned performance stock units represents 50% of the target number of performance stock units eligible to be earned for the second performance period. The performance goal measured year-over-year growth in Oracle's total revenues for its Engineered Systems and Storage products on a U.S. GAAP basis.
F4: Represents amount of performance stock units earned from an award granted on June 30, 2016 based on the achievement of a performance target for the fiscal year ended May 31, 2017, as determined by the Compensation Committee on August 1, 2017. The earned amount vested immediately. The number of earned performance stock units represents 50% 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 Engineered Systems and Storage products on a U.S. GAAP basis.
F5: Represents dividend equivalents accrued with respect to earned performance stock units the reporting person has elected to defer. The number of dividend equivalents reported was calculated using Oracle's closing stock price on August 2, 2017 ($49.77), the date on which dividends were paid on Oracle's common stock.