X0202 4 2007-07-20 0 0000320187 NIKE INC NKE 0001406463 Ayre David J ONE BOWERMAN DRIVE BEAVERTON OR 97005 0 1 0 0 Vice President Class B Common Stock 2007-07-20 4 A 0 17089 0 A 17089 D Class B Common Stock 2007-07-20 4 A 0 8545 0 A 25634 D Non-Qualified Stock Option (right to buy) 58.52 2007-07-20 4 A 0 50000 0 A 2017-07-20 Class B Common Stock 50000 50000 D Non-Qualified Stock Option (right to buy) 58.52 2007-07-20 4 A 0 33000 0 A 2017-07-20 Class B Common Stock 33000 83000 D Pursuant to Company policy, market sales of Company stock by officers and directors are permitted only after the second full trading day after the release of quarterly earnings and ending on the last day of the second month of the following fiscal quarter, except pursuant to approved 10b5-1 trading plans. Restricted shares granted under the NIKE, Inc. 1990 Stock Incentive Plan. The restrictions lapse with respect to one-third of the shares on each of the first three anniversaries of the date of grant; provided that if NIKE terminates Mr. Ayre's employment without cause prior to the full vesting of the shares, his right to sell the shares shall vest 100% upon such termination. Restricted shares granted under the NIKE, Inc. 1990 Stock Incentive Plan. The restrictions lapse with respect to one-half of the shares on each of the first two anniversaries of the date of grant; and upon any termination of employment, any shares as to which the restrictions have not expired shall be forfeited to NIKE for cancellation and become authorized but unissured shares. Option granted on 7/20/2007 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant. By: John F. Coburn III For: David J Ayre 2007-07-23