Richard N. Barton - 11 Sep 2023 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Director
Signature
By: Veronique Bourdeau, Authorized Signatory For: Richard N. Barton
Issuer symbol
NFLX
Transactions as of
11 Sep 2023
Net transactions value
-$191,227
Form type
4
Filing time
12 Sep 2023, 18:40:20 UTC
Previous filing
05 Sep 2023
Next filing
03 Oct 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 $28,821 +478 +314% $60.29* 630 11 Sep 2023 Direct F1
transaction NFLX Common Stock Options Exercise $1,487 +22 +3.5% $67.59* 652 11 Sep 2023 Direct F1
transaction NFLX Common Stock Sale $221,535 -500 -77% $443.07 152 11 Sep 2023 Direct F1
holding NFLX Common Stock 32 11 Sep 2023 Barton Ventures II, LLC F2

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 -478 -100% $0.000000* 0 11 Sep 2023 Common Stock 478 $60.29 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -22 -3% $0.000000 720 11 Sep 2023 Common Stock 22 $67.59 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Richard N. Barton is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 2/10/2023.
F2 Mr. Barton is the sole managing member of Barton Ventures II, LLC. Mr. Barton may be deemed to beneficially own the shares held by Barton Ventures II, LLC but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.