X0202 4 2007-01-09 0 0001341439 ORACLE CORP ORCL 0000901999 ELLISON LAWRENCE JOSEPH C/O DELPHI ASSET MGMT CORPORATION 6005 PLUMAS STREET, SUITE 100 RENO NV 89519 1 1 1 0 Chief Executive Officer Common Stock 2007-01-09 4 M 0 1000000 4.6112 A 1217959580 D Common Stock 2007-01-09 4 S 0 13500 17.66 D 1217946080 D Common Stock 2007-01-09 4 S 0 4000 17.67 D 1217942080 D Common Stock 2007-01-09 4 S 0 7565 17.68 D 1217934515 D Common Stock 2007-01-09 4 S 0 16625 17.69 D 1217917890 D Common Stock 2007-01-09 4 S 0 2050 17.7 D 1217915840 D Common Stock 2007-01-09 4 S 0 30000 17.71 D 1217885840 D Common Stock 2007-01-09 4 S 0 3550 17.72 D 1217882290 D Common Stock 2007-01-09 4 S 0 21000 17.73 D 1217861290 D Common Stock 2007-01-09 4 S 0 23300 17.74 D 1217837990 D Common Stock 2007-01-09 4 S 0 22600 17.75 D 1217815390 D Common Stock 2007-01-09 4 S 0 22491 17.76 D 1217792899 D Common Stock 2007-01-09 4 S 0 69700 17.77 D 1217723199 D Common Stock 2007-01-09 4 S 0 90869 17.78 D 1217632330 D Common Stock 2007-01-09 4 S 0 27150 17.79 D 1217605180 D Common Stock 2007-01-09 4 S 0 42597 17.8 D 1217562583 D Common Stock 2007-01-09 4 S 0 97642 17.81 D 1217464941 D Common Stock 2007-01-09 4 S 0 65500 17.82 D 1217399441 D Common Stock 2007-01-09 4 S 0 49500 17.83 D 1217349941 D Common Stock 2007-01-09 4 S 0 28200 17.84 D 1217321741 D Common Stock 2007-01-09 4 S 0 35527 17.85 D 1217286214 D Common Stock 2007-01-09 4 S 0 23999 17.86 D 1217262215 D Common Stock 2007-01-09 4 S 0 27530 17.87 D 1217234685 D Common Stock 2007-01-09 4 S 0 60300 17.88 D 1217174385 D Common Stock 2007-01-09 4 S 0 32100 17.89 D 1217142285 D Common Stock 2007-01-09 4 S 0 10700 17.9 D 1217131585 D Common Stock 2007-01-09 4 S 0 68200 17.91 D 1217063385 D Common Stock 2007-01-09 4 S 0 42205 17.92 D 1217021180 D Common Stock 2007-01-09 4 S 0 12600 17.93 D 1217008580 D Common Stock 2007-01-09 4 S 0 37500 17.94 D 1216971080 D Non-Qualified Stock Option (right to buy) 4.6112 2007-01-09 4 M 0 1000000 0 D 2007-01-19 Common Stock 1000000 2500000 D Sale of shares pursuant to Rule 10b5-1 Plan adopted on September 26, 2006. Option vests 25% annually on anniversary of grant date. 1 of 2 Forms 4 filed to report exercise of options and multiple sales on same day. /s/Rita S. Dickson by Rita S. Dickson, Attorney in Fact for Lawrence J. Ellison (POA filed 10/4/02) 2007-01-11