HASTINGS REED - 01 Sep 2023 Form 4 Insider Report for NETFLIX INC (NFLX)

Signature
Veronique Bourdeau, Authorized Signatory For: Reed Hastings
Issuer symbol
NFLX
Transactions as of
01 Sep 2023
Net transactions value
-$7,083,898
Form type
4
Filing time
05 Sep 2023, 17:51:37 UTC
Previous filing
02 Aug 2023
Next filing
03 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise $833,300 +17,969 $46.37 17,969 01 Sep 2023 Direct F1
transaction NFLX Common Stock Sale $524,432 -1,200 -6.7% $437.03 16,769 01 Sep 2023 Direct F1, F2
transaction NFLX Common Stock Sale $614,888 -1,403 -8.4% $438.27 15,366 01 Sep 2023 Direct F1, F3
transaction NFLX Common Stock Sale $1,423,912 -3,241 -21% $439.34 12,125 01 Sep 2023 Direct F1, F4
transaction NFLX Common Stock Sale $2,035,833 -4,625 -38% $440.18 7,500 01 Sep 2023 Direct F1, F5
transaction NFLX Common Stock Sale $1,015,011 -2,300 -31% $441.31 5,200 01 Sep 2023 Direct F1, F6
transaction NFLX Common Stock Sale $1,029,332 -2,327 -45% $442.34 2,873 01 Sep 2023 Direct F1, F7
transaction NFLX Common Stock Sale $1,096,070 -2,473 -86% $443.21 400 01 Sep 2023 Direct F1, F8
transaction NFLX Common Stock Sale $177,719 -400 -100% $444.30 0 01 Sep 2023 Direct F1, F9
holding NFLX Common Stock 5,062,041 01 Sep 2023 by Trust F10

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 -17,969 -100% $0.000000* 0 01 Sep 2023 Common Stock 17,969 $46.37 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Award $0 +1,184 $0.000000 1,184 01 Sep 2023 Common Stock 1,184 $439.88 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/9/2022.
F2 This transaction was executed in multiple trades at prices ranging from $436.59 to $437.51. 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 $437.6884 to $438.6587. 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.
F4 This transaction was executed in multiple trades at prices ranging from $438.75 to $439.70. 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.
F5 This transaction was executed in multiple trades at prices ranging from $439.7782 to $440.77. 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.
F6 This transaction was executed in multiple trades at prices ranging from $440.79 to $441.77. 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.
F7 This transaction was executed in multiple trades at prices ranging from $441.80 to $442.75. 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.
F8 This transaction was executed in multiple trades at prices ranging from $442.84 to $443.81. 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.
F9 This transaction was executed in multiple trades at prices ranging from $444.01 to $444.81. 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.
F10 As Trustee of the Hastings-Quillin Family Trust.