HASTINGS REED - 24 Jan 2024 Form 4 Insider Report for NETFLIX INC (NFLX)

Signature
Veronique Bourdeau, Authorized Signatory For: Reed Hastings
Issuer symbol
NFLX
Transactions as of
24 Jan 2024
Net transactions value
$0
Form type
4
Filing time
26 Jan 2024, 17:53:21 UTC
Previous filing
03 Jan 2024
Next filing
02 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Gift $0 -2,000,000 -40% $0.000000 2,991,541 24 Jan 2024 by Trust 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 Restricted Stock Units Award $0 +703 $0.000000 703 25 Jan 2024 Common Stock 703 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As Trustee of the Hastings-Quillin Family Trust.
F2 Each restricted stock unit (RSU) represents a contingent right to receive one share of Netflix common stock.
F3 Subject to the terms and conditions of the underlying award agreements, 1/12th of the RSUs will vest on a quarterly basis beginning on February 3, 2024 (or, to the extent it is not a trading day, the first trading day thereafter).