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)
Ellison, Lawrence J
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/Year
04/17/03
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X] Director [X] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
CEO, Chairman of the Board
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
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Common Stock 04/17/03 M 1,175,000 A $1.0402 1,321,271,324 D
Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
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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
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Non-Qual Stock Option $1.0402 04/17/03 M 1,175,000 (1) 05/25/03
(right to buy)
Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
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1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of
Security action of Underlying of Deri- Derivative Indirect
Date Securities vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned Following I
- Title Shares Reported Trans
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Non-Qual Stock Option 04/17/03 Common Stock 1,175,000 0
(right to buy)
Explanation of Responses:
(1)
Option vests 25% annually on anniversary of grant date
SIGNATURE OF REPORTING PERSON
/S/ Lawrence J. Ellison
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Name: Lawrence J. Ellison
DATE: 04/17/03