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To: AugustWest who wrote (40936)	5/29/2003 10:13:12 PM
From: AugustWest	Respond to of 57110

no big deal (REUTERS) Ex-analyst turned Oracle exec gets 2 mln options LOS ANGELES, May 29 (Reuters) - A former Wall Street software analyst who resigned to become a top executive at Oracle Corp. <ORCL.O> was granted options on 2 million shares as part of his compensation package, the world's No. 2 software maker said in a regulatory filing on Thursday. In a filing with the Securities and Exchange Commission, Oracle said that Charles Phillips, a former Morgan Stanley analyst, had been given 2 million Oracle share options with an exercise price of $12.30 as he joined the database software maker. The options can be exercised after May 23, 2004 and until May 2013, the company said in its filing. Phillips, 43, joined Redwood Shores, California-based Oracle as an executive vice president responsible for corporate strategy and business development. He also will be a member of Oracle's executive management committee. Shares in Oracle closed down 3 percent on Thursday at $12.83 on Nasdaq. ((Reporting by Kevin Krolicki; Reuters Messaging: kevin.krolicki@reuters.com@reuters.net; Editing by Carol Bishopric; 1-213-955-6760)) REUTERS * end of story *