UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 26)*
Under the Securities Exchange Act of 1934
NIKE, Inc.
(Name of Issuer)
Class B Common Stock
(Title of Class of Securities)
654106103
(CUSIP Number)
December 31, 2008
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ X ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing form with respect to the subject class of
securities, and for any subsequent amendment containing information
which would alter the disclosures provided in prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
1. Name of Reporting Person Philip H. Knight
2. N/A
3. SEC Use Only
4. Citizenship or Place of Organization U.S. Citizen
5. Sole Voting Power 91,923,764
6. Shared Voting Power -0-
7. Sole Dispositive Power 91,923,764
8. Shared Dispositive Power -0-
9. Aggregate Amount Beneficially Owned by Reporting Person
91,910,094 shares of Class A Common Stock convertible at any
time on request of the shareholder on a share for share basis to
Class B Common Stock. 13,670 shares of Class B Common Stock.
10. The Aggregate Amount in Row 9 excludes 130,448 shares held by a
corporation owned by wife.
11. Percent of Class Represented by Amount in Row 9
23.66% of Class B Common Stock (assumes a conversion of
91,910,094 shares of Class A Common Stock into equal number of
shares of Class B Common Stock).
12. Type of Reporting Person IN
Item 1(a) Name of Issuer:
NIKE, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
One Bowerman Drive
Beaverton, Oregon 97005-6453
Item 2(a) Name of Person Filing:
Philip H. Knight
Item 2(b) Address of Principal Business Office:
One Bowerman Drive
Beaverton, Oregon 97005-6453
Item 2(c) Citizenship:
U.S.
Item 2(d) Title of Class of Securities:
Class B Common Stock
Item 2(e) CUSIP Number:
654106103
Item 3 NOT APPLICABLE
Item 4 Ownership
(a) Amount beneficially owned: 91,923,764 shares
(b) Percent of Class: 23.66%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
91,923,764
(ii) shared power to vote or to direct the vote:
-0-
(iii) sole power to dispose or to direct the
disposition of:
91,923,764
(iv) shared power to dispose or to direct the
disposition of:
-0-
Item 5 Ownership of Five Percent or Less of a Class
NOT APPLICABLE
Item 6 Ownership of More than Five Percent on Behalf of Another
Person
NOT APPLICABLE
Item 7 Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent
Holding Company or Control Person
NOT APPLICABLE
Item 8 Identification and Classification of Members of the Group
NOT APPLICABLE
Item 9 Notice of Dissolution of Group
NOT APPLICABLE
Item 10 Certification
NOT APPLICABLE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,
complete and correct.
February 6, 2008
____________________________________________________
John F. Coburn III on behalf of Philip H. Knight
Pursuant to Power of Attorney