Jay C. Hoag - Jan 30, 2023 Form 4 Insider Report for NETFLIX INC (NFLX)

Role
Director
Signature
/s/ Frederic D. Fenton Authorized signatory for Jay C. Hoag
Stock symbol
NFLX
Transactions as of
Jan 30, 2023
Transactions value $
-$896,374
Form type
4
Date filed
2/1/2023, 04:58 PM
Previous filing
Jan 4, 2023
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction NFLX Common Stock +Other $0 +91,517 $0.00 91,517 Jan 30, 2023 Technology Crossover Management VII, L.P. F1, F2
transaction NFLX Common Stock -Other $0 -91,517 -100% $0.00 0 Jan 30, 2023 Technology Crossover Management VII, L.P. F2, F3
transaction NFLX Common Stock +Options Exercise $21,917 +109 +4.81% $201.07 2,376 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $22,001 +83 +3.49% $265.07 2,459 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $21,779 +75 +3.05% $290.39 2,534 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $21,863 +78 +3.08% $280.29 2,612 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $21,931 +70 +2.68% $313.30 2,682 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $21,995 +65 +2.42% $338.38 2,747 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $21,899 +69 +2.51% $317.38 2,816 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $22,063 +76 +2.7% $290.30 2,892 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $21,948 +82 +2.84% $267.66 2,974 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $22,090 +65 +2.19% $339.85 3,039 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $21,881 +65 +2.14% $336.63 3,104 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $21,726 +68 +2.19% $319.50 3,172 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $21,986 +76 +2.4% $289.29 3,248 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $21,836 +81 +2.49% $269.58 3,329 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $21,798 +76 +2.28% $286.81 3,405 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $22,009 +71 +2.09% $309.99 3,476 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $21,767 +66 +1.9% $329.81 3,542 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $3,989 +20 +0.56% $199.46 3,562 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $4,051 +21 +0.59% $192.91 3,583 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $3,959 +22 +0.61% $179.95 3,605 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $4,072 +18 +0.5% $226.21 3,623 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $3,911 +17 +0.47% $230.04 3,640 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $4,064 +17 +0.47% $239.04 3,657 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $4,015 +14 +0.38% $286.75 3,671 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $4,120 +13 +0.35% $316.95 3,684 Jan 31, 2023 Direct F4
transaction NFLX Common Stock +Options Exercise $4,129 +14 +0.38% $294.95 3,698 Jan 31, 2023 Direct F4
transaction NFLX Common Stock -Sell -$1,305,172 -3,698 -100% $352.94 0 Jan 31, 2023 Direct 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 -66 -34.92% $0.00 123 Jan 31, 2023 Common Stock 66 $329.81 Direct F4, F5
transaction NFLX Non-qualified Stock Option (right to buy) -Options Exercise $0 -20 -6.39% $0.00 293 Jan 31, 2023 Common Stock 20 $199.46 Direct F4, F5
transaction NFLX Non-qualified Stock Option (right to buy) -Options Exercise $0 -21 -6.48% $0.00 303 Jan 31, 2023 Common Stock 21 $192.91 Direct F4, F5
transaction NFLX Non-qualified Stock Option (right to buy) -Options Exercise $0 -22 -6.34% $0.00 325 Jan 31, 2023 Common Stock 22 $179.95 Direct F4, F5
transaction NFLX Non-qualified Stock Option (right to buy) -Options Exercise $0 -18 -6.5% $0.00 259 Jan 31, 2023 Common Stock 18 $226.21 Direct F4, F5
transaction NFLX Non-qualified Stock Option (right to buy) -Options Exercise $0 -17 -6.27% $0.00 254 Jan 31, 2023 Common Stock 17 $230.04 Direct F4, F5
transaction NFLX Non-qualified Stock Option (right to buy) -Options Exercise $0 -17 -6.49% $0.00 245 Jan 31, 2023 Common Stock 17 $239.04 Direct F4, F5
transaction NFLX Non-qualified Stock Option (right to buy) -Options Exercise $0 -14 -6.42% $0.00 204 Jan 31, 2023 Common Stock 14 $286.75 Direct F4, F5
transaction NFLX Non-qualified Stock Option (right to buy) -Options Exercise $0 -13 -6.6% $0.00 184 Jan 31, 2023 Common Stock 13 $316.95 Direct F4, F5
transaction NFLX Non-qualified Stock Option (right to buy) -Options Exercise $0 -14 -6.6% $0.00 198 Jan 31, 2023 Common Stock 14 $294.95 Direct F4, F5

Explanation of Responses:

Id Content
F1 Acquisition by Technology Crossover Management VII, L.P. ("TCM VII") pursuant to an in kind pro-rata distribution by each of TCV VII, L.P. and TCV VII (A), L.P. to each of its respective partners, without consideration.
F2 These shares are directly held by TCM VII. Jay C. Hoag is a Class A Director of Technology Crossover Management VII, Ltd. ("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.
F3 In kind pro-rata distribution from TCM VII to its partners, without consideration.
F4 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.
F5 Jay C. Hoag has sole voting and dispositive power over the remaining options he holds directly. However, TCV VIII Management, L.L.C. has a right to 100% of the pecuniary interest in such remaining options. Mr. Hoag is 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.

Remarks:

This is the second and final part of a Form 4 filing for the Reporting Person. There are two parts to this Form 4 filing because of the constraint of a 30 transaction line maximum for tables in a Form 4.