U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 4
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Knight, Philip H.
One Bowerman Drive
Beaverton, OR 97005-6453
2. Issuer Name and Ticker or Trading Symbol
NIKE, Inc.
nke
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
August 1996(1)
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
(X) Director (X) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Chairman of the Board and Chief Executive Officer
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Class B Common Stock |8/7/96|S | |19,500 |D |$108.25 | | | |
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Class B Common Stock |8/7/96|S | |20,000 |D |$108.375 | | | |
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Class B Common Stock |8/7/96|S | |26,300 |D |$108.50 | | | |
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Class B Common Stock |8/7/96|S | |12,200 |D |$108.625 | | | |
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Class B Common Stock |8/7/96|S | |300 |D |$108.75 | | | |
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Class B Common Stock |8/9/96|S | |30,000 |D |$107.25 | | | |
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Class B Common Stock |8/9/96|S | |3,000 |D |$107.625 | | | |
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Class B Common Stock |8/9/96|S | |7,500 |D |$107.75 | | | |
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Class A Common Stock |8/26/9|J | |475,000 |D(2| |45,635,176(3) |D | |
|6 | | | |) | | | | |
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Class A Common Stock | | | | | | |7,074 |I |(4)(5) |
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Class A Common Stock | | | | | | |32,612 |I |(4)(6) |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
| | | | | | | | | | | | | | |
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Explanation of Responses:
(1) Pursuant to Company policy, market sales by officers and directors are
permitted only in quarterly window
periods commencing on the second business day following each earnings release
and ending 30 days later. The
policy may result in concentrations of stock sales by officers and directors in
a single month which would
otherwise occur over a longer period. (2) Shares transferred to a limited
partnership in exchange for a limited
partnership interest in the limited partnership. The limited partnership
interest in exchange for Class A Common
Stock represented a price of $107.625 per share of Class A Common Stock. (3)
Class A Common Stock is
convertible on a share for share basis to Class B Common
Stock.
(4) The reporting person disclaims beneficial ownership of these securities and
this report shall not be deemed
an admission that the
reporting
person is the beneficial owner of such securities for purposes of Section 16 or
any other purpose. (5) Wife's
interest in shares held by a limited partnership in which a corporation owned
by wife is a co-general partner. (6)
Shares held by a corporation owned by
wife.
