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

Signature
By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman
Issuer symbol
NFLX
Transactions as of
19 Dec 2023
Net transactions value
-$7,839,044
Form type
4
Filing time
20 Dec 2023, 18:03:09 UTC
Previous filing
04 Dec 2023
Next filing
03 Jan 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 +9.9% $79.58 34,753 19 Dec 2023 Direct F1
transaction NFLX Common Stock Options Exercise $249,831 +2,807 +8.1% $89.00 37,560 19 Dec 2023 Direct F1
transaction NFLX Common Stock Options Exercise $249,726 +2,667 +7.1% $93.64 40,227 19 Dec 2023 Direct F1
transaction NFLX Common Stock Options Exercise $249,996 +2,221 +5.5% $112.56 42,448 19 Dec 2023 Direct F1
transaction NFLX Common Stock Options Exercise $249,982 +2,363 +5.6% $105.79 44,811 19 Dec 2023 Direct F1
transaction NFLX Common Stock Options Exercise $250,007 +2,359 +5.3% $105.98 47,170 19 Dec 2023 Direct F1
transaction NFLX Common Stock Options Exercise $249,940 +2,322 +4.9% $107.64 49,492 19 Dec 2023 Direct F1
transaction NFLX Common Stock Options Exercise $249,988 +1,994 +4% $125.37 51,486 19 Dec 2023 Direct F1
transaction NFLX Common Stock Sale $9,838,620 -19,876 -39% $495.00 31,610 19 Dec 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% $0.000000* 0 19 Dec 2023 Common Stock 3,143 $79.58 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,807 -100% $0.000000* 0 19 Dec 2023 Common Stock 2,807 $89.00 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,667 -100% $0.000000* 0 19 Dec 2023 Common Stock 2,667 $93.64 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,221 -100% $0.000000* 0 19 Dec 2023 Common Stock 2,221 $112.56 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,363 -100% $0.000000* 0 19 Dec 2023 Common Stock 2,363 $105.79 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,359 -100% $0.000000* 0 19 Dec 2023 Common Stock 2,359 $105.98 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,322 -100% $0.000000* 0 19 Dec 2023 Common Stock 2,322 $107.64 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -1,994 -100% $0.000000* 0 19 Dec 2023 Common Stock 1,994 $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.