X0202 4 2007-01-03 0 0000320187 NIKE INC NKE 0000903855 KNIGHT PHILIP H ONE BOWERMAN DRIVE BEAVERTON OR 97005 1 0 1 0 Class B Common Stock 2007-01-03 4 S 0 5000 97.5 D 4678942 D Class B Common Stock 2007-01-03 4 S 0 1000 97.51 D 4677942 D Class B Common Stock 2007-01-03 4 S 0 3100 97.52 D 4674842 D Class B Common Stock 2007-01-03 4 S 0 1100 97.53 D 4673742 D Class B Common Stock 2007-01-03 4 S 0 100 97.54 D 4673642 D Class B Common Stock 2007-01-03 4 S 0 100 97.55 D 4673542 D Class B Common Stock 2007-01-03 4 S 0 1000 97.56 D 4672542 D Class B Common Stock 2007-01-03 4 S 0 600 97.57 D 4671942 D Class B Common Stock 2007-01-03 4 S 0 1400 97.58 D 4670542 D Class B Common Stock 2007-01-03 4 S 0 2300 97.59 D 4668242 D Class B Common Stock 2007-01-03 4 S 0 700 97.6 D 4667542 D Class B Common Stock 2007-01-03 4 S 0 600 97.61 D 4666942 D Class B Common Stock 2007-01-03 4 S 0 1400 97.62 D 4665542 D Class B Common Stock 2007-01-03 4 S 0 5781 97.63 D 4659761 D Class B Common Stock 2007-01-03 4 S 0 2500 97.64 D 4657261 D Class B Common Stock 2007-01-03 4 S 0 1100 97.65 D 4656161 D Class B Common Stock 2007-01-03 4 S 0 700 97.66 D 4655461 D Class B Common Stock 2007-01-03 4 S 0 100 97.67 D 4655361 D Class B Common Stock 2007-01-03 4 S 0 100 97.68 D 4655261 D Class B Common Stock 2007-01-03 4 S 0 300 97.74 D 4654961 D Class B Common Stock 2007-01-03 4 S 0 300 97.75 D 4654661 D Class B Common Stock 2007-01-03 4 S 0 100 97.78 D 4654561 D Class B Common Stock 2007-01-03 4 S 0 100 97.79 D 4654461 D Class B Common Stock 2007-01-03 4 S 0 100 97.83 D 4654361 D Class B Common Stock 2007-01-03 4 S 0 300 97.88 D 4654061 D Class B Common Stock 2007-01-03 4 S 0 300 97.89 D 4653761 D Class B Common Stock 2007-01-03 4 S 0 100 97.9 D 4653661 D Class B Common Stock 2007-01-03 4 S 0 200 97.91 D 4653461 D Class B Common Stock 2007-01-03 4 S 0 100 97.92 D 4653361 D Class B Common Stock 2007-01-03 4 S 0 100 97.94 D 4653261 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. Transaction pursuant to a Rule 10b5-1 Plan. This Form 4 contains thirty of one hundred seventy-seven transactions that were executed on January 3, 2007. Five additional forms, four containing thirty transactions each and one containing twenty-seven transactions of the one hundred seventy-seven transactions that were executed on January 3, 2007, were filed immediately following this form. By: John F. Coburn III For: Philip H. Knight 2007-01-04