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) Lucas, Donald L. 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 04/23/03 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [ ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) DIRECTOR 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 04/23/03 M 66,568 A $3.9375 Common Stock 04/23/03 S 66,568 D $12.0100 0 D Common Stock 13,062 I by Trust 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 $3.9375 04/23/03 M 66,568 (1) 05/31/08 (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 04/23/03 Common Stock 66,568 100,000 D (right to buy)Explanation of Responses: (1) Option vests 25% annually on anniversary of grant date SIGNATURE OF REPORTING PERSON /S/ Donald L. Lucas ------------------------------ Name: Donald L. Lucas Date: 04/23/03