DAVID A. HYMAN - 05 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
05 Feb 2025
Net transactions value
-$45,306,156
Form type
4
Filing time
06 Feb 2025, 19:22:56 UTC
Previous filing
05 Feb 2025
Next filing
07 May 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 $1,041,689 +2,697 +8.5% $386.24 34,307 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,041,608 +2,789 +8.1% $373.47 37,096 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,041,580 +5,222 +14% $199.46 42,318 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,041,714 +5,400 +13% $192.91 47,718 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,041,731 +5,789 +12% $179.95 53,507 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,041,697 +4,605 +8.6% $226.21 58,112 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,041,621 +4,528 +7.8% $230.04 62,640 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,041,736 +4,358 +7% $239.04 66,998 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,041,476 +3,632 +5.4% $286.75 70,630 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,041,815 +3,287 +4.7% $316.95 73,917 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,041,468 +3,531 +4.8% $294.95 77,448 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,458,458 +4,029 +5.2% $361.99 81,477 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,458,309 +4,652 +5.7% $313.48 86,129 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,458,248 +4,187 +4.9% $348.28 90,316 05 Feb 2025 Direct F1
transaction NFLX Common Stock Options Exercise $1,458,540 +4,500 +5% $324.12 94,816 05 Feb 2025 Direct F1
transaction NFLX Common Stock Sale $22,886,700 -23,165 -24% $987.99 71,651 05 Feb 2025 Direct F1, F2
transaction NFLX Common Stock Sale $7,272,440 -7,352 -10% $989.18 64,299 05 Feb 2025 Direct F1, F3
transaction NFLX Common Stock Sale $6,748,273 -6,816 -11% $990.06 57,483 05 Feb 2025 Direct F1, F4
transaction NFLX Common Stock Sale $10,021,399 -10,109 -18% $991.33 47,374 05 Feb 2025 Direct F1, F5
transaction NFLX Common Stock Sale $5,483,096 -5,526 -12% $992.24 41,848 05 Feb 2025 Direct F1, F6
transaction NFLX Common Stock Sale $1,546,240 -1,557 -3.7% $993.09 40,291 05 Feb 2025 Direct F1, F7
transaction NFLX Common Stock Sale $1,926,364 -1,937 -4.8% $994.51 38,354 05 Feb 2025 Direct F1, F8
transaction NFLX Common Stock Sale $5,019,799 -5,044 -13% $995.20 33,310 05 Feb 2025 Direct F1, F9
transaction NFLX Common Stock Sale $1,693,535 -1,700 -5.1% $996.20 31,610 05 Feb 2025 Direct F1, F10

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 -2,697 -100% $0.000000 0 05 Feb 2025 Common Stock 2,697 $386.24 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,789 -100% $0.000000 0 05 Feb 2025 Common Stock 2,789 $373.47 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -5,222 -100% $0.000000 0 05 Feb 2025 Common Stock 5,222 $199.46 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -5,400 -100% $0.000000 0 05 Feb 2025 Common Stock 5,400 $192.91 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -5,789 -100% $0.000000 0 05 Feb 2025 Common Stock 5,789 $179.95 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -4,605 -100% $0.000000 0 05 Feb 2025 Common Stock 4,605 $226.21 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -4,528 -100% $0.000000 0 05 Feb 2025 Common Stock 4,528 $230.04 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -4,358 -100% $0.000000 0 05 Feb 2025 Common Stock 4,358 $239.04 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3,632 -100% $0.000000 0 05 Feb 2025 Common Stock 3,632 $286.75 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3,287 -100% $0.000000 0 05 Feb 2025 Common Stock 3,287 $316.95 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -3,531 -100% $0.000000 0 05 Feb 2025 Common Stock 3,531 $294.95 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -4,029 -100% $0.000000 0 05 Feb 2025 Common Stock 4,029 $361.99 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -4,652 -100% $0.000000 0 05 Feb 2025 Common Stock 4,652 $313.48 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -4,187 -100% $0.000000 0 05 Feb 2025 Common Stock 4,187 $348.28 Direct F1
transaction NFLX Non-Qualified Stock Option (right to buy) Options Exercise $0 -4,500 -100% $0.000000 0 05 Feb 2025 Common Stock 4,500 $324.12 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 10/29/2024.
F2 This transaction was executed in multiple trades at prices ranging from $987.58 to $988.49. 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.
F3 This transaction was executed in multiple trades at prices ranging from $988.6672 to $989.63. 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 This transaction was executed in multiple trades at prices ranging from $989.6778 to $990.67. 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.
F5 This transaction was executed in multiple trades at prices ranging from $990.81 to $991.76. 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.
F6 This transaction was executed in multiple trades at prices ranging from $991.83 to $992.79. 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.
F7 This transaction was executed in multiple trades at prices ranging from $992.86 to $993.68. 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.
F8 This transaction was executed in multiple trades at prices ranging from $993.97 to $994.87. 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.
F9 This transaction was executed in multiple trades at prices ranging from $994.97 to $995.90. 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.
F10 This transaction was executed in multiple trades at prices ranging from $995.99 to $996.40. 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.