Jay C. Hoag - 23 Jan 2025 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Director
Signature
/s/ Frederic D. Fenton Authorized Signatory for Jay C. Hoag
Issuer symbol
NFLX
Transactions as of
23 Jan 2025
Net transactions value
-$229,446
Form type
4
Filing time
24 Jan 2025, 18:05:17 UTC
Previous filing
06 Jan 2025
Next filing
04 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise $62,281 +107 $582.07 107 23 Jan 2025 Direct F1
transaction NFLX Common Stock Options Exercise $62,541 +102 +95% $613.15 209 23 Jan 2025 Direct F1
transaction NFLX Common Stock Options Exercise $62,668 +92 +44% $681.17 301 23 Jan 2025 Direct F1
transaction NFLX Common Stock Options Exercise $62,395 +101 +34% $617.77 402 23 Jan 2025 Direct F1
transaction NFLX Common Stock Options Exercise $62,724 +105 +26% $597.37 507 23 Jan 2025 Direct F1
transaction NFLX Common Stock Options Exercise $62,426 +110 +22% $567.51 617 23 Jan 2025 Direct F2
transaction NFLX Common Stock Sale $604,481 -617 -100% $979.71 0 23 Jan 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -107 -100% $0.000000 0 23 Jan 2025 Common Stock 107 $582.07 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -102 -100% $0.000000 0 23 Jan 2025 Common Stock 102 $613.15 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -92 -100% $0.000000 0 23 Jan 2025 Common Stock 92 $681.17 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -101 -100% $0.000000 0 23 Jan 2025 Common Stock 101 $617.77 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -105 -100% $0.000000 0 23 Jan 2025 Common Stock 105 $597.37 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -110 -100% $0.000000 0 23 Jan 2025 Common Stock 110 $567.51 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Jay C. Hoag has sole voting and dispositive power over the options and shares to be received upon exercise of such options that he holds directly. However, TCV VII Management, L.L.C. and TCV VIII Management, L.L.C. have a right to 100% of the pecuniary interest in such options and shares. Mr. Hoag is a Member of TCV VII Management, L.L.C. and a Member of TCV VIII Management, L.L.C. Mr. Hoag disclaims beneficial ownership of such options and the shares to be received upon the exercise of such options except to the extent of his pecuniary interest therein.
F2 Jay C. Hoag has sole voting and dispositive power over the options and shares to be received upon exercise of such options that he holds directly. However, TCV VIII Management, L.L.C. has a right to 100% of the pecuniary interest in such options and shares. Mr. Hoag is a Member of TCV VIII Management, L.L.C. Mr. Hoag disclaims beneficial ownership of such options and the shares to be received upon the exercise of such options except to the extent of his pecuniary interest therein.
F3 Jay C. Hoag has sole voting and dispositive power over the shares that he holds directly. However, TCV VII Management, L.L.C. and TCV VIII Management, L.L.C. have a right to 100% of the pecuniary interest in 507 of such shares and, additionally, TCV VIII Management, L.L.C. has a right to 100% of the pecuniary interest in the remaining 110 of such shares. Mr. Hoag is a Member of TCV VII Management, L.L.C. and a Member of TCV VIII Management, L.L.C. Mr. Hoag disclaims beneficial ownership of the shares he holds directly except to the extent of his pecuniary interest therein.