TIMOTHY M. HALEY - 10 May 2023 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Director
Signature
By: Veronique Bourdeau, Authorized Signatory For: Timothy M. Haley
Issuer symbol
NFLX
Transactions as of
10 May 2023
Net transactions value
-$1,989,040
Form type
4
Filing time
11 May 2023, 18:50:27 UTC
Previous filing
08 May 2023
Next filing
26 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise $50,149 +742 $67.59 742 10 May 2023 Direct F1
transaction NFLX Common Stock Options Exercise $49,803 +826 +111% $60.29 1,568 10 May 2023 Direct F1
transaction NFLX Common Stock Options Exercise $50,141 +1,043 +67% $48.07 2,611 10 May 2023 Direct F1
transaction NFLX Common Stock Options Exercise $49,963 +959 +37% $52.10 3,570 10 May 2023 Direct F1
transaction NFLX Common Stock Options Exercise $49,906 +784 +22% $63.66 4,354 10 May 2023 Direct F1
transaction NFLX Common Stock Options Exercise $50,143 +868 +20% $57.77 5,222 10 May 2023 Direct F1
transaction NFLX Common Stock Options Exercise $50,069 +966 +18% $51.83 6,188 10 May 2023 Direct F1
transaction NFLX Common Stock Options Exercise $49,857 +959 +15% $51.99 7,147 10 May 2023 Direct F1
transaction NFLX Common Stock Sale $1,381,159 -4,137 -58% $333.86 3,010 10 May 2023 Direct F1, F2
transaction NFLX Common Stock Sale $1,007,912 -3,010 -100% $334.85 0 10 May 2023 Direct F1, 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 -742 -100% $0.000000* 0 10 May 2023 Common Stock 742 $67.59 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -826 -100% $0.000000* 0 10 May 2023 Common Stock 826 $60.29 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -1,043 -100% $0.000000* 0 10 May 2023 Common Stock 1,043 $48.07 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -959 -100% $0.000000* 0 10 May 2023 Common Stock 959 $52.10 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -784 -100% $0.000000* 0 10 May 2023 Common Stock 784 $63.66 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -868 -100% $0.000000* 0 10 May 2023 Common Stock 868 $57.77 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -966 -100% $0.000000* 0 10 May 2023 Common Stock 966 $51.83 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -959 -100% $0.000000* 0 10 May 2023 Common Stock 959 $51.99 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 2/8/2023.
F2 This transaction was executed in multiple trades at prices ranging from $333.50 to $334.48. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $334.54 to $335.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.