Spencer Adam Neumann - 05 Aug 2024 Form 4 Insider Report for NETFLIX INC (NFLX)

Role: Chief Financial Officer
Signature: By: Veronique Bourdeau, Authorized Signatory For: Spencer Neumann
Issuer symbol: NFLX
Transactions as of: 05 Aug 2024
Net transactions value: -$266,355
Form type: 4
Filing time: 07 Aug 2024, 18:05:04 UTC
Previous filing: 10 May 2024
Next filing: 09 Aug 2024
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		+878			878	05 Aug 2024	Direct	F1
transaction	NFLX	Common Stock	Tax liability	$266,355	-445	-51%	$598.55	433	05 Aug 2024	Direct	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	Restricted Stock Units	Options Exercise	$0	-878	-10%	$0.000000	7,904	05 Aug 2024	Common Stock	878		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects restricted stock units (RSUs) that following vesting, settled in shares of Netflix common stock on a one-for-one basis.
F2	Shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs.
F3	Each RSU represents a contingent right to receive one share of Netflix common stock.
F4	On January 25, 2024, the Reporting Person was granted 10,538 RSUs. Subject to the terms and conditions of the underlying award agreement, 1/12th of the RSUs 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).