X0202 4 2007-02-01 0 0000320187 NIKE INC NKE 0000903855 KNIGHT PHILIP H ONE BOWERMAN DRIVE BEAVERTON OR 97005 1 0 1 0 Class B Common Stock 2007-02-01 4 S 0 200 100.98 D 1775274 D Class A Common Convertible Class B Common Stock 54955047 54955047 D Class A Common Convertible Class B Common Stock 65224 65224 I by Corporation 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 one of one hundred eighty-one transactions that were executed on February 1, 2007. Six additional forms, each containing thirty of the one hundred eighty-one transactions that were executed on February 1, 2007, were filed immediately prior to this Form 4. Class A Common Stock is convertible at any time on a one-for-one basis into Class B Common Stock with no expiration date. Shares held by a corporation owned by wife. The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose. By: John F. Coburn III For: Philip H. Knight 2007-02-02