David A. Hyman - Dec 19, 2023 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Chief Legal Officer
Signature
By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman
Stock symbol
NFLX
Transactions as of
Dec 19, 2023
Transactions value $
-$7,839,044
Form type
4
Date filed
12/20/2023, 06:03 PM
Previous filing
Dec 4, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock +Options Exercise $250,106 +3,143 +9.94% $79.58 34,753 Dec 19, 2023 Direct F1
transaction NFLX Common Stock +Options Exercise $249,831 +2,807 +8.08% $89.00 37,560 Dec 19, 2023 Direct F1
transaction NFLX Common Stock +Options Exercise $249,726 +2,667 +7.1% $93.64 40,227 Dec 19, 2023 Direct F1
transaction NFLX Common Stock +Options Exercise $249,996 +2,221 +5.52% $112.56 42,448 Dec 19, 2023 Direct F1
transaction NFLX Common Stock +Options Exercise $249,982 +2,363 +5.57% $105.79 44,811 Dec 19, 2023 Direct F1
transaction NFLX Common Stock +Options Exercise $250,007 +2,359 +5.26% $105.98 47,170 Dec 19, 2023 Direct F1
transaction NFLX Common Stock +Options Exercise $249,940 +2,322 +4.92% $107.64 49,492 Dec 19, 2023 Direct F1
transaction NFLX Common Stock +Options Exercise $249,988 +1,994 +4.03% $125.37 51,486 Dec 19, 2023 Direct F1
transaction NFLX Common Stock -Sell -$9,838,620 -19,876 -38.6% $495.00 31,610 Dec 19, 2023 Direct F1

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 -3,143 -100% $0.00 0 Dec 19, 2023 Common Stock 3,143 $79.58 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -2,807 -100% $0.00 0 Dec 19, 2023 Common Stock 2,807 $89.00 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -2,667 -100% $0.00 0 Dec 19, 2023 Common Stock 2,667 $93.64 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -2,221 -100% $0.00 0 Dec 19, 2023 Common Stock 2,221 $112.56 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -2,363 -100% $0.00 0 Dec 19, 2023 Common Stock 2,363 $105.79 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -2,359 -100% $0.00 0 Dec 19, 2023 Common Stock 2,359 $105.98 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -2,322 -100% $0.00 0 Dec 19, 2023 Common Stock 2,322 $107.64 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -1,994 -100% $0.00 0 Dec 19, 2023 Common Stock 1,994 $125.37 Direct F1

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 8/8/2023.