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

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 $250K +3.14K +9.94% $79.58 34.8K Dec 19, 2023 Direct F1
transaction NFLX Common Stock Options Exercise $250K +2.81K +8.08% $89.00 37.6K Dec 19, 2023 Direct F1
transaction NFLX Common Stock Options Exercise $250K +2.67K +7.1% $93.64 40.2K Dec 19, 2023 Direct F1
transaction NFLX Common Stock Options Exercise $250K +2.22K +5.52% $112.56 42.4K Dec 19, 2023 Direct F1
transaction NFLX Common Stock Options Exercise $250K +2.36K +5.57% $105.79 44.8K Dec 19, 2023 Direct F1
transaction NFLX Common Stock Options Exercise $250K +2.36K +5.26% $105.98 47.2K Dec 19, 2023 Direct F1
transaction NFLX Common Stock Options Exercise $250K +2.32K +4.92% $107.64 49.5K Dec 19, 2023 Direct F1
transaction NFLX Common Stock Options Exercise $250K +1.99K +4.03% $125.37 51.5K Dec 19, 2023 Direct F1
transaction NFLX Common Stock Sale -$9.84M -19.9K -38.6% $495.00 31.6K 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 -3.14K -100% $0.00* 0 Dec 19, 2023 Common Stock 3.14K $79.58 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.81K -100% $0.00* 0 Dec 19, 2023 Common Stock 2.81K $89.00 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.67K -100% $0.00* 0 Dec 19, 2023 Common Stock 2.67K $93.64 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.22K -100% $0.00* 0 Dec 19, 2023 Common Stock 2.22K $112.56 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.36K -100% $0.00* 0 Dec 19, 2023 Common Stock 2.36K $105.79 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.36K -100% $0.00* 0 Dec 19, 2023 Common Stock 2.36K $105.98 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.32K -100% $0.00* 0 Dec 19, 2023 Common Stock 2.32K $107.64 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.99K -100% $0.00* 0 Dec 19, 2023 Common Stock 1.99K $125.37 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 8/8/2023.