Jay C. Hoag - Nov 4, 2021 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Director
Signature
By: Frederic D. Fenton Authorized signatory for Jay C. Hoag
Stock symbol
NFLX
Transactions as of
Nov 4, 2021
Transactions value $
-$4,626,044
Form type
4
Date filed
11/8/2021, 05:54 PM
Previous filing
Nov 2, 2021
Next filing
Nov 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock -Other $0 -237,380 -50% $0.00 237,382 Nov 4, 2021 TCV VII, L.P. F1, F2
transaction NFLX Common Stock -Other $0 -123,277 -50% $0.00 123,276 Nov 4, 2021 TCV VII (A), L.P. F3, F4
transaction NFLX Common Stock -Other $0 -2,053 -50.01% $0.00 2,052 Nov 4, 2021 TCV Member Fund, L.P. F5, F6
transaction NFLX Common Stock +Other $0 +90,883 $0.00 90,883 Nov 4, 2021 Technology Crossover Management VII, L.P. F7, F8
transaction NFLX Common Stock -Other $0 -89,908 -98.93% $0.00 975 Nov 4, 2021 Technology Crossover Management VII, L.P. F8, F9
transaction NFLX Common Stock -Other $0 -128,087 -20% $0.00 512,347 Nov 4, 2021 Orange Investor, L.P. F10, F11
transaction NFLX Common Stock -Other $0 -34,541 -20% $0.00 138,163 Nov 4, 2021 Orange (A) Investor, L.P. F12, F13
transaction NFLX Common Stock -Other $0 -7,955 -20% $0.00 31,822 Nov 4, 2021 Orange (B) Investor, L.P. F14, F15
transaction NFLX Common Stock -Other $0 -9,417 -20% $0.00 37,668 Nov 4, 2021 Orange (MF) Investor, L.P. F16, F17
transaction NFLX Common Stock +Other $0 +1,706 $0.00 1,706 Nov 4, 2021 Technology Crossover Management VIII, L.P. F18, F19
transaction NFLX Common Stock -Other $0 -1,706 -100% $0.00 0 Nov 4, 2021 Technology Crossover Management VIII, L.P. F19, F20
transaction NFLX Common Stock +Other $0 +10,364 +2.29% $0.00 462,477 Nov 4, 2021 The Hoag Family Trust U/A DTD 08/02/1994 F21, F22
transaction NFLX Common Stock +Other $0 +9,406 +6.42% $0.00 155,838 Nov 4, 2021 Hamilton Investments Limited Partnership F23, F24
transaction NFLX Common Stock +Options Exercise $49,897 +398 $125.37 398 Nov 5, 2021 Direct F25
transaction NFLX Common Stock +Options Exercise $62,567 +569 +142.96% $109.96 967 Nov 5, 2021 Direct F25
transaction NFLX Common Stock +Options Exercise $62,476 +664 +68.67% $94.09 1,631 Nov 5, 2021 Direct F25
transaction NFLX Common Stock +Options Exercise $62,519 +636 +38.99% $98.30 2,267 Nov 5, 2021 Direct F25
transaction NFLX Common Stock +Options Exercise $62,469 +591 +26.07% $105.70 2,858 Nov 5, 2021 Direct F25
transaction NFLX Common Stock +Options Exercise $62,570 +672 +23.51% $93.11 3,530 Nov 5, 2021 Direct F25
transaction NFLX Common Stock +Options Exercise $62,429 +615 +17.42% $101.51 4,145 Nov 5, 2021 Direct F25
transaction NFLX Common Stock +Options Exercise $62,545 +647 +15.61% $96.67 4,792 Nov 5, 2021 Direct F25
transaction NFLX Common Stock +Options Exercise $62,473 +662 +13.81% $94.37 5,454 Nov 5, 2021 Direct F26
transaction NFLX Common Stock +Options Exercise $62,518 +642 +11.77% $97.38 6,096 Nov 5, 2021 Direct F26
transaction NFLX Common Stock +Options Exercise $62,502 +609 +9.99% $102.63 6,705 Nov 5, 2021 Direct F26
transaction NFLX Common Stock +Options Exercise $62,513 +507 +7.56% $123.30 7,212 Nov 5, 2021 Direct F26
transaction NFLX Common Stock -Sell -$469,534 -712 -73.03% $659.46 263 Nov 5, 2021 Technology Crossover Management VII, L.P. F8, F27
transaction NFLX Common Stock -Sell -$173,672 -263 -100% $660.35 0 Nov 5, 2021 Technology Crossover Management VII, L.P. F8, F28
transaction NFLX Common Stock -Sell -$4,720,316 -7,212 -100% $654.51 0 Nov 5, 2021 Direct F26, F29

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 -398 -100% $0.00 0 Nov 5, 2021 Common Stock 398 $125.37 Direct F25, F30
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -569 -100% $0.00 0 Nov 5, 2021 Common Stock 569 $109.96 Direct F25, F30
transaction NFLX Non- Qualified Stock Option (right to buy) -Options Exercise $0 -664 -100% $0.00 0 Nov 5, 2021 Common Stock 664 $94.09 Direct F25, F30
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -636 -100% $0.00 0 Nov 5, 2021 Common Stock 636 $98.30 Direct F25, F30
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -591 -100% $0.00 0 Nov 5, 2021 Common Stock 591 $105.70 Direct F25, F30
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -672 -100% $0.00 0 Nov 5, 2021 Common Stock 672 $93.11 Direct F25, F30
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -615 -100% $0.00 0 Nov 5, 2021 Common Stock 615 $101.51 Direct F25, F30
transaction NFLX Non- Qualified Stock Option (right to buy) -Options Exercise $0 -647 -100% $0.00 0 Nov 5, 2021 Common Stock 647 $96.67 Direct F25, F30
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -662 -100% $0.00 0 Nov 5, 2021 Common Stock 662 $94.37 Direct F26, F30
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -642 -100% $0.00 0 Nov 5, 2021 Common Stock 642 $97.38 Direct F26, F30
transaction NFLX Non- Qualified Stock Option (right to buy) -Options Exercise $0 -609 -100% $0.00 0 Nov 5, 2021 Common Stock 609 $102.63 Direct F26, F30
transaction NFLX Non-Qualified Stock Option (right to buy) -Options Exercise $0 -507 -100% $0.00 0 Nov 5, 2021 Common Stock 507 $123.30 Direct F26, F30

Explanation of Responses:

Id Content
F1 In kind pro-rata distribution from TCV VII, L.P. ("TCV VII") to its partners, without consideration.
F2 These shares are directly held by TCV VII. Jay C. Hoag is a Class A Director of Technology Crossover Management VII, Ltd. ("Management VII") and a limited partner of Technology Crossover Management VII, L.P. ("TCM VII"). Management VII is the sole general partner of TCM VII, which is the sole general partner of TCV VII. Mr. Hoag may be deemed to beneficially own the shares held by TCV VII but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3 In kind pro-rata distribution from TCV VII (A), L.P. ("TCV VII (A)") to its partners, without consideration.
F4 These shares are directly held by TCV VII (A). Jay C. Hoag is a Class A Director of Management VII and a limited partner of TCM VII. Management VII is the sole general partner of TCM VII, which is the sole general partner of TCV VII (A). Mr. Hoag may be deemed to beneficially own the shares held by TCV VII (A) but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F5 In kind pro-rata distribution from TCV Member Fund, L.P. ("Member Fund") to its partners, without consideration.
F6 These shares are directly held by Member Fund. Jay C. Hoag is a limited partner of Member Fund and a Class A Director of Management VII. Management VII is a general partner of Member Fund. Mr. Hoag may be deemed to beneficially own the shares held by Member Fund but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F7 Acquisition by TCM VII pursuant to an in kind pro-rata distribution by each of TCV VII and TCV VII (A) to each of its respective partners, without consideration.
F8 These shares are directly held by TCM VII. Jay C. Hoag is a Class A Director of Management VII and a limited partner of TCM VII. Management VII is the sole general partner of TCM VII. Mr. Hoag may be deemed to beneficially own the shares held by TCM VII but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F9 In kind pro-rata distribution from TCM VII to its partners, without consideration.
F10 In kind pro-rata distribution from Orange Investor, L.P. ("Orange Investor") to its partners, without consideration.
F11 These shares are directly held by Orange Investor. Jay C. Hoag is a Class A Director of Technology Crossover Management VIII, Ltd. ("Management VIII") and a limited partner of Technology Crossover Management VIII, L.P ("TCM VIII"). Management VIII is the sole general partner of TCM VIII, which in turn is the sole general partner of TCV VIII, L.P., which in turn is the sole member of Orange Investor GP, LLC ("Orange GP"), which in turn is the sole general partner of Orange Investor. Mr. Hoag may be deemed to beneficially own the shares held by Orange Investor but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F12 In kind pro-rata distribution from Orange (A) Investor, L.P. ("Orange (A) Investor") to its partners, without consideration.
F13 These shares are directly held by Orange (A) Investor. Jay C. Hoag is a Class A Director of Management VIII and a limited partner of TCM VIII. Management VIII is the sole general partner of TCM VIII, which in turn is the sole general partner of TCV VIII, L.P., which in turn is the sole member of Orange GP, which in turn is the sole general partner of Orange (A) Investor. Mr. Hoag may be deemed to beneficially own the shares held by Orange (A) Investor but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F14 In kind pro-rata distribution from Orange (B) Investor, L.P. ("Orange (B) Investor") to its partners, without consideration.
F15 These shares are directly held by Orange (B) Investor. Jay C. Hoag is a Class A Director of Management VIII and a limited partner of TCM VIII. Management VIII is the sole general partner of TCM VIII, which in turn is the sole general partner of TCV VIII, L.P., which in turn is the sole member of Orange GP, which in turn is the sole general partner of Orange (B) Investor. Mr. Hoag may be deemed to beneficially own the shares held by Orange (B) Investor but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F16 In kind pro-rata distribution from Orange (MF) Investor, L.P. ("Orange (MF) Investor") to its partners, without consideration.
F17 These shares are directly held by Orange (MF) Investor. Jay C. Hoag is a Class A Director of Management VIII. Management VIII is the sole general partner of TCM VIII, which in turn is the sole general partner of TCV VIII, L.P., which in turn is the sole member of Orange GP, which in turn is the sole general partner of Orange (MF) Investor. Mr. Hoag may be deemed to beneficially own the shares held by Orange (MF) Investor but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F18 Acquisition by TCM VIII pursuant to an in kind pro-rata distribution by each of Orange Investor, Orange (A) Investor, and Orange (B) Investor to each of its respective partners, without consideration.
F19 These shares are directly held by TCM VIII. Jay C. Hoag is a Class A Director of Management VIII and a limited partner of TCM VIII. Management VIII is the sole general partner of TCM VIII. Mr. Hoag may be deemed to beneficially own the shares held by TCM VIII but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F20 In kind pro-rata distribution from TCM VIII to its partners, without consideration.
F21 Acquisition by The Hoag Family Trust U/A DTD 08/02/1994 pursuant to an in kind pro-rata distribution by each of TCM VII, TCV VIII, Member Fund, and Orange (MF) Investor to each of its respective partners, without consideration.
F22 These shares are held by The Hoag Family Trust U/A DTD 08/02/1994. Jay C. Hoag is a trustee of The Hoag Family Trust U/A DTD 08/02/1994. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F23 Acquisition by Hamilton Investments Limited Partnership pursuant to an in kind pro-rata distribution by each of TCM VII, TCV VIII, Member Fund, and Orange (MF) Investor to each of its respective partners, without consideration.
F24 These shares are held by Hamilton Investments Limited Partnership. Jay C. Hoag is the general partner of Hamilton Investments Limited Partnership. Mr. Hoag disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F25 Jay C. Hoag has sole voting and dispositive power over the options he holds directly. However, TCV VII Management, L.L.C. has a right to 100% of the pecuniary interest in such options. Mr. Hoag is a Member of TCV VII Management, L.L.C. Mr. Hoag disclaims beneficial ownership of such options and the shares to be received upon the exercise of such options except to the extent of his pecuniary interest therein.
F26 Jay C. Hoag has sole voting and dispositive power over the options he holds directly. However, TCV VII Management, L.L.C. and TCV VIII Management, L.L.C. have a right to 100% of the pecuniary interest in such options. Mr. Hoag is a Member of TCV VII Management, L.L.C. and a Member of TCV VIII Management, L.L.C. Mr. Hoag disclaims beneficial ownership of such options and the shares to be received upon the exercise of such options except to the extent of his pecuniary interest therein.
F27 This number represents a weighted average purchase price per share. The shares were sold at prices ranging from $659.22 to $659.89 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F28 This number represents a weighted average purchase price per share. The shares were sold at prices ranging from $660.32 to $660.39 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F29 This number represents a weighted average purchase price per share. The shares were sold at prices ranging from $654.45 to $654.84 per share. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F30 Not applicable.