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Oracle Corporation's President-Product Development just cashed-in 250,000 options

Thomas Kurian, Oracle Corporation's President-Product Development, recently cashed-in 250,000 options. The options were exercised at $32.43, while the disposals took place at $41.33 per share, on April 19, 2016. Kurian continues to hold 33,533 shares of the company. Kurian operates out of Reno, NV. Some additional info was provided as follows:

This transaction was executed in multiple trades at prices ranging from $41.20 to $41.48. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Option vests 25% annually on anniversary of g rant date.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Oracle Corporation director just cashed-in 3,305 options - April 19, 2016
Oracle Corporation director just picked up 19,600 shares - April 13, 2016
EVP of Oracle Corporation just disposed of 14,971 shares - April 4, 2016