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Form 4 NIKE, Inc. For: Dec 30 Filed by: Abston Chris L

December 31, 2020 4:25 PM
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Abston Chris L

(Last) (First) (Middle)
ONE BOWERMAN DRIVE

(Street)
BEAVERTON OR 97005

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NIKE, Inc. [ NKE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP: CORP CONTROLLER
3. Date of Earliest Transaction (Month/Day/Year)
12/30/2020
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock 12/30/2020 (1) M 20,000 A $ 56.4 23,363.184 (2) D
Class B Common Stock 12/30/2020 (1) S 20,000 D $ 142.16 3,363.184 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy) $ 56.4 12/30/2020 M 20,000 (3) 07/17/2025 Class B Common Stock 20,000 $ 0 30,000 D
Explanation of Responses:
1. Exercise and sale pursuant to an approved 10b5-1 trading plan. Pursuant to Company policy, market sales of Company stock by officers and directors are permitted only after the fourteenth trading day after the public release of quarterly earnings and ending on the last day of the third month of the following fiscal quarter, except pursuant to approved 10b5-1 trading plans.
2. Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.
3. Stock Option granted on 07/17/2015 and became exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Abston 12/31/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Power of Attorney
                                      _________________

     LET THE FOLLOWING BE KNOWN, that the undersigned
does hereby constitute and appoint Ann M. Miller, Joshua K. Simko,
Mary I. Hunter, Kelsey A. Baldwin, and each of them, his true and lawful
attorney and agent to prepare and execute in his name any and all reports
filed under Section 16(a) of the Securities Exchange Act of 1934 with
respect to equity securities of NIKE, Inc. ("Section 16 Reports"); and to
file the same with the Securities and Exchange Commission and any applicable
stock exchange; and the undersigned does hereby ratify and confirm all that
said attorneys and agents, or any of them, shall do or cause to be done, or
have done or caused to be done, which, in the opinion of said attorneys and
agents, or any of them, may be necessary, advisable, or desirable in connection
with his Section 16 Reports.

     This Power of Attorney revokes all prior powers of attorney relating
to reporting under Section 16(a) and shall remain in effect until
revoked by a subsequently filed instrument.


DATED:  12/24/2020


/s/ Chris L. Abston
____________________
By: Chris L. Abston

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