X0202 4 2007-01-31 0 0000320187 NIKE INC NKE 0000903855 KNIGHT PHILIP H ONE BOWERMAN DRIVE BEAVERTON OR 97005 1 0 1 0 Class B Common Stock 2007-01-31 4 S 0 200 97.52 D 2325070 D Class B Common Stock 2007-01-31 4 S 0 200 97.55 D 2324870 D Class B Common Stock 2007-01-31 4 S 0 400 97.6 D 2324470 D Class B Common Stock 2007-01-31 4 S 0 600 97.61 D 2323870 D Class B Common Stock 2007-01-31 4 S 0 100 97.62 D 2323770 D Class B Common Stock 2007-01-31 4 S 0 100 97.63 D 2323670 D Class B Common Stock 2007-01-31 4 S 0 300 97.64 D 2323370 D Class B Common Stock 2007-01-31 4 S 0 500 97.65 D 2322870 D Class B Common Stock 2007-01-31 4 S 0 1500 97.66 D 2321370 D Class B Common Stock 2007-01-31 4 S 0 1200 97.67 D 2320170 D Class B Common Stock 2007-01-31 4 S 0 800 97.68 D 2319370 D Class B Common Stock 2007-01-31 4 S 0 700 97.69 D 2318670 D Class B Common Stock 2007-01-31 4 S 0 1000 97.7 D 2317670 D Class B Common Stock 2007-01-31 4 S 0 200 97.71 D 2317470 D Class B Common Stock 2007-01-31 4 S 0 300 97.72 D 2317170 D Class B Common Stock 2007-01-31 4 S 0 700 97.73 D 2316470 D Class B Common Stock 2007-01-31 4 S 0 3500 97.74 D 2312970 D Class B Common Stock 2007-01-31 4 S 0 5100 97.75 D 2307870 D Class B Common Stock 2007-01-31 4 S 0 1000 97.76 D 2306870 D Class B Common Stock 2007-01-31 4 S 0 900 97.77 D 2305970 D Class B Common Stock 2007-01-31 4 S 0 700 97.78 D 2305270 D Class B Common Stock 2007-01-31 4 S 0 200 97.79 D 2305070 D Class B Common Stock 2007-01-31 4 S 0 1000 97.8 D 2304070 D Class B Common Stock 2007-01-31 4 S 0 2100 97.81 D 2301970 D Class B Common Stock 2007-01-31 4 S 0 900 97.82 D 2301070 D Class B Common Stock 2007-01-31 4 S 0 2100 97.83 D 2298970 D Class B Common Stock 2007-01-31 4 S 0 3100 97.84 D 2295870 D Class B Common Stock 2007-01-31 4 S 0 2000 97.85 D 2293870 D Class B Common Stock 2007-01-31 4 S 0 3100 97.86 D 2290770 D Class B Common Stock 2007-01-31 4 S 0 1500 97.87 D 2289270 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 sixty-three transactions that were executed on January 31, 2007. One additional form, containing one of the one hundred sixty-three transactions that were executed on January 31, 2007, was filed immediately prior to this Form 4. Five additional forms, four containing thirty each and one containing forty-two of the one hundred sixty transactions executed on January 31, 2007, were filed immediately following this form. By: John F. Coburn III For: Philip H. Knight 2007-02-01