X0202 4 2007-01-10 0 0001341439 ORACLE CORP ORCL 0000901999 ELLISON LAWRENCE JOSEPH C/O DELPHI ASSET MGMT CORPORATION 6005 PLUMAS STREET, SUITE 202 RENO NV 89509 1 1 1 0 Chief Executive Officer Common Stock 2007-01-10 4 M 0 1000000 4.6112 A 1217959580 D Common Stock 2007-01-10 4 S 0 8600 17.76 D 1217950980 D Common Stock 2007-01-10 4 S 0 10400 17.75 D 1217940580 D Common Stock 2007-01-10 4 S 0 53500 17.74 D 1217887080 D Common Stock 2007-01-10 4 S 0 18800 17.73 D 1217868280 D Common Stock 2007-01-10 4 S 0 19452 17.72 D 1217848828 D Common Stock 2007-01-10 4 S 0 35196 17.71 D 1217813632 D Common Stock 2007-01-10 4 S 0 15835 17.7 D 1217797797 D Common Stock 2007-01-10 4 S 0 18352 17.69 D 1217779445 D Common Stock 2007-01-10 4 S 0 20600 17.68 D 1217758845 D Common Stock 2007-01-10 4 S 0 75100 17.67 D 1217683745 D Common Stock 2007-01-10 4 S 0 67512 17.66 D 1217616233 D Common Stock 2007-01-10 4 S 0 80300 17.65 D 1217535933 D Common Stock 2007-01-10 4 S 0 59653 17.64 D 1217476280 D Common Stock 2007-01-10 4 S 0 24500 17.63 D 1217451780 D Common Stock 2007-01-10 4 S 0 37676 17.62 D 1217414104 D Common Stock 2007-01-10 4 S 0 49510 17.61 D 1217364594 D Common Stock 2007-01-10 4 S 0 84550 17.6 D 1217280044 D Common Stock 2007-01-10 4 S 0 67494 17.59 D 1217212550 D Common Stock 2007-01-10 4 S 0 108770 17.58 D 1217103780 D Common Stock 2007-01-10 4 S 0 82513 17.57 D 1217021267 D Common Stock 2007-01-10 4 S 0 48887 17.56 D 1216972380 D Common Stock 2007-01-10 4 S 0 12800 17.55 D 1216959580 D Common Stock 911744 I by Spouse Non-Qualified Stock Option (right to buy) 4.6112 2007-01-10 4 M 0 1000000 0 D 2007-01-19 Common Stock 1000000 1500000 D Sale of shares pursuant to Rule 10b5-1 Plan adopted on September 26, 2006. Option vests 25% annually on anniversary of grant date. /s/ Rita S. Dickson by Rita S. Dickson, Attorney-In-Fact for Lawrence J. Ellison (POA filed 10/4/02 2007-01-12