4 2003-05-24 0 0000777676 ORACLE CORP /DE/ ORCL 0001120621 BOSKIN MICHAEL J 1 0 0 0 Non-Qualified Stock Option (right to buy) 12.1 2003-05-24 4 A 0 80000 0 A 2004-05-24 2013-05-24 Common Stock 80000 80000 D The Exercise Price may be adjusted to be the Fair Market Value per Share on May 31, 2003, which will be the closing sales price of Oracle stock on Friday, May 30, 2003, if such price is higher than $12.10. Option vests 25% annually on anniversary of grant date. /s/ Barbara R. Wallace by: Barbara R. Wallace, Attorney in Fact for Michael J. Boskin 2003-05-28