David A. Hyman - 03 Feb 2025 Form 4 Insider Report for NETFLIX INC (NFLX)

Role: Chief Legal Officer
Signature: By: Veronique Bourdeau, Authorized Signatory For: David A. Hyman
Issuer symbol: NFLX
Transactions as of: 03 Feb 2025
Net transactions value: -$833,916
Form type: 4
Filing time: 05 Feb 2025, 20:54:05 UTC
Previous filing: 03 Feb 2025
Next filing: 06 Feb 2025
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		+544	+1.7%		32,154	03 Feb 2025	Direct	F1
transaction	NFLX	Common Stock	Options Exercise		+302	+0.94%		32,456	03 Feb 2025	Direct	F1
transaction	NFLX	Common Stock	Tax liability	$264,702	-271	-0.83%	$976.76	32,185	03 Feb 2025	Direct	F2
transaction	NFLX	Common Stock	Tax liability	$147,491	-151	-0.47%	$976.76	32,034	03 Feb 2025	Direct	F2
transaction	NFLX	Common Stock	Sale	$421,723	-424	-1.3%	$994.63	31,610	04 Feb 2025	Direct	F3

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	-544	-13%	$0.000000	3,806	03 Feb 2025	Common Stock	544		Direct	F4, F5
transaction	NFLX	Restricted Stock Units	Options Exercise	$0	-302	-8.3%	$0.000000	3,332	03 Feb 2025	Common Stock	302		Direct	F4, F6

* 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	This transaction was executed in multiple trades at prices ranging from $994.6033 to $994.685. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4	Each RSU represents a contingent right to receive one share of Netflix common stock.
F5	On January 25, 2024, the Reporting Person was granted 6,524 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).
F6	On January 23, 2025, the Reporting Person was granted 3,634 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, 2025 (or, to the extent it is not a trading day, the first trading day thereafter).