UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16.
    Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
   Wohl, Ronald A
   c/o Delphi Asset Mgmt Corp.
   6005 Plumas St., #202, Reno, NV 89509

   (775) 689 3456; stock_us@oracle.com
2. Issuer Name and Ticker or Trading Symbol
   Oracle Corporation (ORCL)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)

4. Statement for Month/Day/Year
   4/21/03
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   [ ] Director                   [ ] 10% Owner
   [X] Officer (give title below) [ ] Other (specify below)
   Executive Vice President,
   Applications Development
7. Individual or Joint/Group Filing (Check Applicable Line)
   [X] Form filed by One Reporting Person
   [ ] Form filed by More than One Reporting Person



Table I   Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1)Title of Security 2)Trans-  3.Trans- 4.Securities Acquired(A)  5)Amount of      6)     7)Nature of
                    action    action   or Disposed of (D)        Securities              Indirect
                    Date      Code                A or D         Beneficially    D or I  Beneficial
                    (Month/                                      Owned Following         Ownership
                    Day/Year) Code V    Amount           Price   Reported Transaction
-----------------------------------------------------------------------------------------------------
                                                                 
-----------------------------------------------------------------------------------------------------
                                                               
Common Stock        04/21/03    M      150,000       A     $1.5124
Common Stock        04/21/03    S        4,725       D    $11.7849
Common Stock        04/21/03    S        5,000       D    $11.8750
Common Stock        04/21/03    S        5,000       D    $11.7750
Common Stock        04/21/03    S        5,975       D    $11.7649
Common Stock        04/21/03    S        4,300       D    $11.8050
Common Stock        04/21/03    S       25,000       D    $11.9058
Common Stock        04/21/03    S       25,000       D    $11.9040
Common Stock        04/21/03    S       35,000       D    $12.0828
Common Stock        04/21/03    S       40,000       D    $12.0313  2,696,793     D
Common Stock                                                          270,000     I       by Trust

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Table II (PART 1)  Derivative Securities Acquired, Disposed of, or Beneficially Owned  (Columns 1 through 6)
-------------------------------------------------------------------------------------------------------------
1)Title of Derivative  2)Conversion  3)Trans-     4)Trans-  5)Number of Derivative  6)Date Exercisable and
Security               or Exercise   action       action    Securities Acquired (A) Expiration Date
                       Price of      Date         Code      or Disposed of (D)
                       Derivative
                       Security                   Code  V   A       D               Exercisable  Expiration
-------------------------------------------------------------------------------------------------------------
                                                                            
Non-Qual Stock Option  $1.5124        04/21/03     M               150,000          (1)          10/23/03
(right to buy)

                                                              
Non-Qual Stock Option 04/21/03 Common Stock 150,000              312,500        D
(right to buy)


Explanation of Responses:

(1)
Option vests 25% annually on anniversary of grant date



SIGNATURE OF REPORTING PERSON
/s/Ronald A. Wohl
--------------------------------------
Name:  Ronald A. Wohl
Date: 4/22/03