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NKE » Topics » Shares Reserved for the Plan

This excerpt taken from the NKE 10-Q filed Jan 7, 2009.
Shares Reserved for the Plan.  There are 2,000,000 shares of the Company’s authorized but unissued or reacquired Class B Common Stock reserved for purposes of the Plan.  The number of shares reserved for the Plan is subject to adjustment in the event of any stock dividend, stock split, combination of shares, recapitalization or other change in the outstanding Class B Common Stock of the Company.  The determination of whether an adjustment shall be made and the manner of any such adjustment shall be made by the Board of Directors of the Company (the “
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