Matthew Friend - Aug 1, 2023 Form 4 Insider Report for NIKE, Inc. (NKE)

Role
EVP: CFO
Signature
/s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Friend
Stock symbol
NKE
Transactions as of
Aug 1, 2023
Transactions value $
-$570,412
Form type
4
Date filed
8/3/2023, 04:31 PM
Previous filing
Jul 5, 2023
Next filing
Aug 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NKE Class B Common Stock Award $0 +11.1K +26.59% $0.00 52.9K Aug 1, 2023 Direct F1, F2
transaction NKE Class B Common Stock Tax liability -$570K -5.21K -9.86% $109.40 47.7K Aug 1, 2023 Direct F3

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 +82.7K $0.00 82.7K Aug 1, 2023 Class B Common Stock 82.7K $109.40 Direct F4
* 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 Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.
F3 Shares withheld by the Company to satisfy tax withholding obligations upon vesting of RSUs; not an open market transaction.
F4 Stock Option granted under the NIKE, Inc. Stock Incentive Plan on 08/01/2023; it becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.