Leslie J. Kilgore - Sep 19, 2024 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Director
Signature
By: Veronique Bourdeau, Authorized Signatory For: Leslie J. Kilgore
Stock symbol
NFLX
Transactions as of
Sep 19, 2024
Transactions value $
-$243,459
Form type
4
Date filed
9/20/2024, 05:49 PM
Previous filing
Sep 4, 2024
Next filing
Sep 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise $62.6K +428 $146.17 428 Sep 19, 2024 Direct F1
transaction NFLX Common Stock Sale -$306K -428 -100% $715.00 0 Sep 19, 2024 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 -428 -100% $0.00 0 Sep 19, 2024 Common Stock 428 $146.17 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 1. Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 29, 2024.