John J. Donahoe - Aug 1, 2022 Form 4 Insider Report for NIKE, Inc. (NKE)

Role
PRESIDENT & CEO, Director
Signature
/s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Donahoe
Stock symbol
NKE
Transactions as of
Aug 1, 2022
Transactions value $
-$1,159,231
Form type
4
Date filed
8/3/2022, 04:57 PM
Previous filing
Jun 3, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NKE Class B Common Stock Award $0 +26K +21.78% $0.00 145K Aug 1, 2022 Direct F1, F2
transaction NKE Class B Common Stock Tax liability -$1.16M -10.1K -6.98% $114.30 135K Aug 1, 2022 Direct F3
holding NKE Class B Common Stock 107 Aug 1, 2022 by Retirement Plan F4
holding NKE Class B Common Stock 101K Aug 1, 2022 by GRAT F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NKE Non-Qualified Stock Option (Right to Buy) Award $0 +226K $0.00 226K Aug 1, 2022 Class B Common Stock 226K $114.30 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") granted under the NIKE, Inc. Stock Incentive Plan. One-third of the total number of RSUs granted vest on each of the first three anniversaries of the date of the grant.
F2 On June 29, 2022, the reporting person contributed 101,171 shares, which were previously reported as directly owned, to a grantor retained annuity trust ("GRAT").
F3 Shares withheld by the Company to satisfy tax withholding obligations upon vesting of RSUs; not an open market transaction.
F4 Shares held in account under the NIKE, Inc. 401(k) Savings and Profit Sharing Plan.
F5 Stock Option granted on 08/01/2022 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.