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) Roberts, George 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 04/28/03 5. If Amendment, Date of Original (Month/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, North American Sales 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 ----------------------------------------------------------------------------------------------------- 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 04/28/03 M 250,000 A $6.0469 Common Stock 04/28/03 M 500,000 A $6.8750 Common Stock 04/28/03 S 695,400 D $12.00 Common Stock 04/28/03 S 36,900 D $12.01 Common Stock 04/28/03 S 17,700 D $12.02 13,153 D 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-Qualified Stock Option $6.0469 04/28/03 M 250,000 (1) 05/07/09 (right to buy) Non-Qualified Stock Option $6.8750 04/28/03 M 500,000 (1) 06/04/09 (right to buy) Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) ------------------------------------------------------------------------------------------------------------------------------------ 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 ------------------------------------------------------------------------------------------------------------------------------------ Non-Qual Stock Option 04/28/03 Common Stock 250,000 250,000 D (right to buy) Non-Qual Stock Option 04/28/03 Common Stock 500,000 300,000 D (right to buy)Explanation of Responses: (1) Option vests 25% annually on anniversary of grant date SIGNATURE OF REPORTING PERSON /s/George J. Roberts -------------------------------------- Name: George J. Roberts Date: 4/28/03