Leslie J. Kilgore - Sep 24, 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 24, 2024
Transactions value $
-$473,131
Form type
4
Date filed
9/26/2024, 07:56 PM
Previous filing
Sep 20, 2024
Next filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock Options Exercise $62.6K +426 +1.21% $146.92 35.7K Sep 24, 2024 Direct F1, F2
transaction NFLX Common Stock Sale -$307K -426 -1.19% $720.00 35.3K Sep 24, 2024 Direct F1, F2
transaction NFLX Common Stock Options Exercise $62.5K +402 +1.14% $155.35 35.7K Sep 25, 2024 Direct F1, F2
transaction NFLX Common Stock Sale -$291K -402 -1.13% $725.00 35.3K Sep 25, 2024 Direct F1, 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -426 -100% $0.00 0 Sep 24, 2024 Common Stock 426 $146.92 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -402 -100% $0.00 0 Sep 25, 2024 Common Stock 402 $155.35 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 January 29, 2024.
F2 This total amount corrects an administrative error in the total amount reported in previous filings, filed on 8/21/2024 and 9/20/2024. No reportable transaction was omitted from prior filings.