Richard N. Barton - 25 Oct 2024 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Director
Signature
By: Reg Thompson, Authorized Signatory For: Richard N. Barton
Issuer symbol
NFLX
Transactions as of
25 Oct 2024
Net transactions value
-$3,745,123
Form type
4
Filing time
28 Oct 2024, 20:00:57 UTC
Previous filing
02 Oct 2024
Next filing
04 Nov 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 $62,567 +569 +231% $109.96 815 25 Oct 2024 Direct F1
transaction NFLX Common Stock Options Exercise $62,476 +664 +81% $94.09 1,479 25 Oct 2024 Direct F1
transaction NFLX Common Stock Options Exercise $62,519 +636 +43% $98.30 2,115 25 Oct 2024 Direct F1
transaction NFLX Common Stock Options Exercise $62,469 +591 +28% $105.70 2,706 25 Oct 2024 Direct F1
transaction NFLX Common Stock Options Exercise $62,570 +672 +25% $93.11 3,378 25 Oct 2024 Direct F1
transaction NFLX Common Stock Options Exercise $62,429 +615 +18% $101.51 3,993 25 Oct 2024 Direct F1
transaction NFLX Common Stock Options Exercise $62,545 +647 +16% $96.67 4,640 25 Oct 2024 Direct F1
transaction NFLX Common Stock Options Exercise $62,473 +662 +14% $94.37 5,302 25 Oct 2024 Direct F1
transaction NFLX Common Stock Options Exercise $62,518 +642 +12% $97.38 5,944 25 Oct 2024 Direct F1
transaction NFLX Common Stock Sale $4,307,688 -5,698 -96% $756.00 246 25 Oct 2024 Direct F1, F2
holding NFLX Common Stock 80 25 Oct 2024 Barton Ventures II, LLC F3, F4

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 -569 -100% $0.000000 0 25 Oct 2024 Common Stock 569 $109.96 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -664 -100% $0.000000 0 25 Oct 2024 Common Stock 664 $94.09 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -636 -100% $0.000000 0 25 Oct 2024 Common Stock 636 $98.30 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -591 -100% $0.000000 0 25 Oct 2024 Common Stock 591 $105.70 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -672 -100% $0.000000 0 25 Oct 2024 Common Stock 672 $93.11 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -615 -100% $0.000000 0 25 Oct 2024 Common Stock 615 $101.51 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -647 -100% $0.000000 0 25 Oct 2024 Common Stock 647 $96.67 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -662 -100% $0.000000 0 25 Oct 2024 Common Stock 662 $94.37 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -642 -100% $0.000000 0 25 Oct 2024 Common Stock 642 $97.38 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 7/26/2024.
F2 Total includes 94 shares the reporting person received as a result of an investment partnership's pro rata distribution of shares to its limited partners.
F3 Total includes 48 shares the reporting person received as a result of an investment partnership's pro rata distribution of shares to its limited partners.
F4 Mr. Barton is the sole managing member of Barton Ventures II, LLC. Mr. Barton may be deemed to beneficially own the shares held by Barton Ventures II, LLC but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.