MICHAEL J. BOSKIN - 07 May 2024 Form 4 Insider Report for ORACLE CORP (ORCL)

Role
Director
Signature
/s/ Aimee Weast by Aimee Weast, Attorney in Fact for Michael J. Boskin (POA filed 6/4/19)
Issuer symbol
ORCL
Transactions as of
07 May 2024
Net transactions value
-$3,341,146
Form type
4
Filing time
08 May 2024, 17:19:04 UTC
Previous filing
23 Jun 2023
Next filing
17 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORCL Common Stock Options Exercise $1,957,050 +45,000 +51% $43.49 132,473 07 May 2024 Direct
transaction ORCL Common Stock Sale $5,298,196 -45,000 -34% $117.74 87,473 07 May 2024 Direct F1, F2
holding ORCL Common Stock 1,000 07 May 2024 By Spouse

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 ORCL Stock Option Options Exercise $0 -45,000 -100% $0.000000* 0 07 May 2024 Common Stock 45,000 $43.49 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale of shares pursuant to a Rule 10b5-1 plan adopted on February 6, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $117.32 to $118.05. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F3 25% of the shares subject to the option vested annually on each anniversary of the grant date.